21Shares was co-founded in July 2018 by Hany Rashwan and Ophelia Snyder and is headquartered in Zurich, Switzerland. The company has offices in New York City and London. The company's primary industry is Other Financial Services.
21Shares is a Swiss-based provider of cryptocurrency exchange-traded products (ETPs) that package digital assets such as Bitcoin (BTC) and Ethereum (ETH) into listed securities traded on regulated exchanges. In 2018, the firm launched the world's first 100% physically backed crypto ETP. The company currently manages $11.2 billion in assets under management. In 2025, 21Shares's revenue reached $23.6M. 21Shares has 114 total employees.
21Shares was acquired by FalconX on November 20, 2025. CEO Russell Barlow continues to lead 21Shares, working closely with the leadership team at FalconX. Adrian Fritz, previously Global Head of Research, has been promoted to Chief Investment Strategist to focus on sales and capital markets.
Facts compiled by Executive Moves from publicly available news and press releases on 14 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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