CoinShares International Limited, a global digital asset manager with over $9 billion in assets under management, has launched the CoinShares Altcoins ETF (ticker: DIME). The new fund gives U.S. investors regulated access to a range of altcoins through standard brokerage accounts, expanding crypto investment options beyond Bitcoin and Ethereum. Currently, only spot Bitcoin and Ethereum ETFs are available to U.S. investors, limiting access to most of the crypto market. DIME seeks to close this gap by offering exposure to a broad group of alternative blockchain assets. The fund invests in exchange-traded products (ETPs) listed across the U.S., Canada, the U.K., and the European Union, covering leading Layer 1 networks such as Solana, Avalanche, Cardano, and Polkadot, among others. This structure allows investors to participate in the altcoin market without using crypto exchanges or managing digital wallets. DIME follows the CoinShares-Compass Altcoins Index, which applies equal weighting across assets and rebalances quarterly. This approach aims to reduce concentration risk and manage volatility in a transparent, rules-based manner. The ETF will initially waive its 0.95% management fee for assets up to $1 billion through September 2026. Image: Freepik
Tezos Shooter ‘Reaper Actual’ From EverQuest Co-Creator Enters Alpha Playtesting
2 hour ago
Russell 2000 May Be the Hidden Compass for Ethereum’s Next Big Move | US Crypto News
2 hour ago
The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals
2 hour ago
MetaMask Adds Support for Hyperliquid Swaps, Eyes Polymarket Integration
2 hour ago
CZ Family Office Kickstarts $1 Billion Builder Fund on BNB
2 hour ago
Exclusive: 375ai raises $10M from Delphi, Strobe, 6MV
2 hour ago