Odaily News KraneShares, an asset management company focused on exchange-traded funds (ETFs), is seeking to list a “Coinbase 50 Index ETF” that will track the 50 largest digital assets by market cap. The company filed registration documents with the U.S. Securities and Exchange Commission (SEC) on Friday.
The Coinbase 50 Index, launched at the end of 2024, is an index product supervised by the largest cryptocurrency exchange in the United States. The weight of the index is re-evaluated every quarter, and its three major holdings are currently 50% Bitcoin, about 21% ETH, and 9% XRP. (THE BLOCK)