Beyond Bitcoin: ProShares Launches ETF Tracking The CoinDesk 20 Crypto Index
Posted On February 4, 2026
ProShares is widening the crypto ETF playbook just as investors are showing signs of outgrowing single-coin bets. The firm on Wednesday rolled out the CoinDesk 20 Crypto ETF (NYSE:KRYP), the first U.S.-listed ETF built to track the CoinDesk 20 Index which captures the performance of the largest and most liquid slice of the digital-asset market in one shot.
The timing is notable. With bitcoin ETFs now firmly embedded in portfolios and ether products gaining traction, asset managers are starting to test whether investors are ready for a “crypto core” allocation rather than a one-token trade. KRYP is squarely aimed at that shift.
Unlike single-asset crypto ETFs, KRYP tracks an index composed …
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