Cryptocurrency exchange FalconX is set to acquire the ETF management company 21Shares. This acquisition marks a significant move in the evolving landscape of digital assets. FalconX aims to enhance its offerings by integrating 21Shares’ expertise in exchange-traded funds. The deal is expected to strengthen FalconX’s position in the cryptocurrency market. The acquisition aligns with the growing interest in cryptocurrency investment products, particularly ETFs, which have gained traction among institutional investors.
