21shares vs SkyBridge Capital

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

Feature
Ratings
Our score4.2/53.3/5
User ratingNo reviews yetNo reviews yet
Track record & size4.53.5
Product range5.03.0
Fees3.52.5
Regulation & custody4.04.0
Transparency4.03.0
Specs
ProductsSpot ETFs, ETPs / ETNs, Index funds, Staking productsSpot ETFs, Private funds
ClientsRetail, Institutions, Financial advisorsAccredited investors, Institutions, Retail
Assets under management$11.3Bapprox. $2B (March 2023)
Flagship productsCBTC, ETHC, CSOL, ABBA, BOLD, HODLXFirst Trust SkyBridge Crypto Industry and Digital Economy ET, SkyBridge Opportunity Fund
Assets coveredBTC, ETH, SOL, XRP, HYPE, SUI, DOGE, DOTDigital economy equities, Hedge funds, Private equity, Digital assets
Fees0.10% to 1.49% p.a.Not disclosed
RegulatorsNot disclosedSEC
Company
Founded20182005
HeadquartersSwitzerlandUnited States
InvestorsNot disclosedFTX Ventures
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
  • SEC-registered investment adviser founded in 2005
  • Publicly tradable ETF wrapper available via standard U.S. brokerage accounts
  • Leadership team with institutional banking and alternative investment backgrounds
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
  • Past withdrawal limits imposed on private fund investors during 2023 market stress
  • Assets under management fell from $9 billion peak to about $2 billion in March 2023
  • FTX Ventures acquired a 30% minority equity stake in September 2022
  • Private funds restricted to accredited and institutional investors
Best forTraditional brokerage investors avoiding self-custody, European wealth managers balancing crypto portfolios, Allocators seeking exchange-listed staking exposureAccredited investors seeking multi-asset exposure, Brokers trading crypto equities via CRPT, Institutions attending SALT capital events

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.