21shares vs CoinShares

How 21shares vs CoinShares compare on our ratings, asset manager specs, funding, pros and cons.

Feature	21shares Visit	CoinShares Visit
Ratings
Our score	4.2/5	4.4/5
User rating	No reviews yet	No reviews yet
Track record & size	4.5	4.5
Product range	5.0	4.5
Fees	3.5	4.0
Regulation & custody	4.0	4.5
Transparency	4.0	4.5
Specs
Products	Spot ETFs, ETPs / ETNs, Index funds, Staking products	Spot ETFs, ETPs / ETNs, Index funds, Staking products
Clients	Retail, Institutions, Financial advisors	Retail, Institutions, Financial advisors
Assets under management	$11.3B	$7.4 billion (December 2025)
Flagship products	CBTC, ETHC, CSOL, ABBA, BOLD, HODLX	CoinShares Physical Bitcoin ETP (BITC), CoinShares Ethereum Staking ETP, CoinShares Solana Staking ETP, CoinShares Altcoins ETF (DIME)
Assets covered	BTC, ETH, SOL, XRP, HYPE, SUI, DOGE, DOT	Bitcoin, Ethereum, Solana, Sei
Fees	0.10% to 1.49% p.a.	0.25% on Physical Bitcoin ETP, 0% management fee on Ethereum Staking ETP, 0.95% gross expense ratio on Altcoins ETF
Regulators	Not disclosed	AMF (France), SEC (United States)
Custodians	Not disclosed	Komainu
Company
Founded	2018	2013
Headquarters	Switzerland	Jersey
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Over $11B in assets under management across 48 exchange-traded products Physical collateral backing avoids direct futures roll costs on spot products Competitive management fees starting at 0.10% on core Bitcoin and Ethereum ETPs Trading via standard brokerage accounts on 13 regulated stock exchanges	Over $7.4B in gross assets under management at year-end 2025 Publicly listed on Nasdaq under ticker CSHR Holds MiFID, AIFM, and French AMF MiCA regulatory authorizations Zero percent management fee on the CoinShares Ethereum Staking ETP
Cons	Legacy and basket ETP expense ratios reach up to 1.49% per year Exchange-traded notes carry structural counterparty risk as collateralized debt obligations Restricted to professional investors in jurisdictions like Belgium ETP structures lack the independent board protections of 1940-Act mutual funds	Suffered balance-sheet losses from the 2022 Terra collapse and FTX bankruptcy Underlying asset returns are exposed to high crypto volatility and market drawdowns US ETF lineup carries higher expense ratios up to 0.95% ETN exchange products expose investors to issuer counterparty risks
Best for	Traditional brokerage investors avoiding self-custody, European wealth managers balancing crypto portfolios, Allocators seeking exchange-listed staking exposure	European retail and institutional brokerage accounts, Investors seeking regulated spot crypto exposure, Wealth managers allocating to staking ETPs

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.