{"id":54391,"date":"2025-10-23T10:01:37","date_gmt":"2025-10-23T10:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54391"},"modified":"2025-10-23T10:01:37","modified_gmt":"2025-10-23T10:01:37","slug":"falconx-acquires-21shares-expanding-into-crypto-etfs-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54391","title":{"rendered":"FalconX Acquires 21Shares, Expanding Into Crypto ETFs Market"},"content":{"rendered":"
\n

FalconX has announced an acquisition of 21Shares, combining prime brokerage infrastructure with the world\u2019s largest crypto ETP platform.<\/p>\n

FalconX Pushes Into Crypto ETFs & ETPs With 21Shares Acquisition<\/h2>\n

As announced in a press release<\/a>, FalconX<\/a> has agreed to acquire 21Shares<\/a>. FalconX is an institutional crypto prime brokerage that provides large clients with deep global liquidity, derivatives, financing, custody, and settlement across digital asset markets. It has facilitated over $2 trillion in trading volume and hosts a global client base of more than 2,000 institutions.<\/p>\n

Meanwhile, 21Shares is the largest issuer of crypto exchange-traded funds and products (ETFs\/ETPs). ETFs\/ETPs refer to investment vehicles that allow investors to gain exposure to an underlying asset without directly having to own it. When a trader invests into one of these vehicles, the provider buys and custodies the asset on their behalf.<\/p>\n

Some investors may be wary of navigating crypto exchanges and wallets, so products like ETFs and ETPs provide for a more regulated means of investment into digital assets, in a mode that\u2019s more familiar.<\/p>\n

21Shares has 55 of these products listed currently, across which it manages over $11 billion in assets. With the acquisition, its asset management product development and distribution capabilities will be combined with FalconX\u2019s institutional-grade infrastructure.<\/p>\n

The press release noted:<\/p>\n

\n

Together, the two firms will accelerate the creation of tailored investment products that meet growing institutional and retail demand for regulated\u00a0digital asset\u00a0exposure.<\/p>\n<\/blockquote>\n

While FalconX is acquiring 21Shares, the latter will continue to operate independently, with Russell Barlow, its current CEO, remaining in charge. Barlow will work closely with FalconX leadership to advance a shared vision for the digital asset ecosystem. \u201cNo changes to the construction or investment objectives of the existing 21shares ETPs (Europe) or ETFs (US) are planned,\u201d said the press release.<\/p>\n

In some other news, the Bitcoin derivatives landscape has been changing recently, as on-chain analytics firm Glassnode has highlighted in an X post<\/a>. Previously, the Futures market was dominant, but now the Options market is beginning to rival it in terms of Open Interest<\/a>.<\/p>\n

The Open Interest here is naturally a measure of the total amount of positions related to the crypto that are currently open on all derivatives exchanges. First, here is a chart that shows the trend in this metric for the Futures market:<\/p>\n

\"Bitcoin<\/p>\n

As displayed in the above graph, the Bitcoin Futures Open Interest saw peaks above $20 billion in the 2021 bull market and recently reached a high of about $50 billion.<\/p>\n

The Options Open Interest couldn\u2019t even break $15 billion in the last cycle, but today its 7-day moving average (MA) value is floating around a new all-time high (ATH) of more than $55 billion.<\/p>\n

\"Bitcoin<\/p>\n

As the analytics firm has explained,<\/p>\n

\nMarkets are shifting toward defined-risk and volatility strategies, meaning options flows, rather than futures liquidations, are becoming a more influential force in shaping price action.\n<\/p><\/blockquote>\n

Bitcoin Price<\/h2>\n

At the time of writing, Bitcoin is floating around $107,800, down over 4% in the last 24 hours.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FalconX has announced an acquisition of 21Shares, combining prime brokerage infrastructure with the world\u2019s largest crypto ETP platform. FalconX Pushes Into Crypto ETFs & ETPs With 21Shares Acquisition As announced in a press release, FalconX has agreed to acquire 21Shares. FalconX is an institutional crypto prime brokerage that provides large clients with deep global liquidity, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54391","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54391"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54391\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}