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Important risk information
Investments in the products on this page are highly speculative and involve a high degree of risk, including the potential for a total loss of invested funds. These products are not suitable for any investor who cannot afford the loss of their entire investment.
This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, click on the following links: ARK 21shares Bitcoin ETF | 21shares Dogecoin ETF | 21shares Polkadot ETF | 21shares Ethereum ETF | 21shares XRP ETF | 21shares Solana ETF | 21shares Sui ETF | 21shares FTSE Crypto 10 Index ETF | 21shares FTSE Crypto 10 ex-BTC Index ETF | 21shares 2x Long Dogecoin ETF | 21shares 2x Long Sui ETF.
Regulatory framework and 40-Act protections
The products listed include both 33-Act Exchange-Traded Products (ETPs) and 40-Act Exchange-Traded Funds (ETFs).
- 33-Act Spot ETFs are NOT registered under the Investment Company Act of 1940. Shareholders do not have the same regulations and protections as 1940 Act registered ETFs and mutual funds, such as oversight by an independent board of directors.
- 40-Act ETFs are registered under the Investment Company Act of 1940.
Category-specific risks
- Leveraged and derivatives risk: The 2x products (e.g., Sui, Doge) are intended for sophisticated investors and involve daily rebalancing and compounding. Investors could lose the entire value of their investment within a single trading day. These funds are not intended to achieve their objective over periods longer than a single day.
- Staking risk: For products that engage in staking (e.g., Solana, Ethereum), assets may be subject to "lock-up" periods and "slashing" penalties. If a validator fails to perform or engages in misconduct, the Fund’s staked assets may be reduced, and rewards may not offset losses from price volatility.
- Index and active products: Diversification does not assure a profit. Index products are subject to tracking error and the accuracy of the Index Provider. Active products are subject to management risk and may underperform the broader market.
General fund and crypto asset risks
Crypto assets operate without central authority and are not legal tender or backed by any government. They have experienced extreme volatility and may be subject to fraud, manipulation, and rapid changes in the regulatory environment.
Crypto Assets are relatively new investments which have unique and substantial risks and which may be more volatile than other types of investments. The value of an investment in the funds could decline significantly and without warning. The performance of Crypto Assets, and therefore the performance of the funds, may differ significantly from the performance of the cryptocurrencies.
Crypto assets operate without central authority or banks and are not backed by any government. Crypto assets are often referred to as a “virtual asset” or “digital asset,” and operate as a decentralized, peer-to-peer financial trading platform and value storage that is used like money. A crypto asset is also not a legal tender. The trading prices of many crypto assets, including the Underlying Crypto Assets, have experienced extreme volatility in and may do so in the future including declines in the trading prices of the Underlying Crypto Assets which could have a material adverse effect on the value of the Fund’s shares and the shares could lose all or substantially all of their value. A number of factors affect the price and market for Crypto Assets such as new technology, changes in regulatory environment, and supply and demand.
An investment in the Fund involves risk, including possible loss of principal. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF's net asset value (NAV), and are not individually redeemable directly with the ETF. Brokerage commissions and ETF expenses will reduce returns. ETFs are subject to specific risks, depending on the nature of the underlying strategy of the Fund. These risks could include Crypto Assets Risk, Derivatives Risk, Counterparty Risk, Subsidiary Risk, Exposure Risk, Calculation Methodology Risk, Clearing Broker Risk, Collateral Securities Risk, Cybersecurity Risk, ETP Risk, Early Close/Trading Halt Risk, Foreign Securities Risk, Intra-Day Investment Risk, Market Risk, Passive Investment Risk, Tax Risk, Tracking Error Risk, Reverse Repurchase Agreements Risk, Valuation Risk, Volatility Risk, Whipsaw Markets Risk, and Crypto-Related Investments Tax Risk. For a complete description of the Fund’s principal investment risks, please refer to the corresponding prospectus.
Shares of the products are not individually redeemable and trade at market prices, which may be at a premium or discount to NAV. Brokerage commissions will reduce returns. Shares are NOT FDIC insured, may lose value, and have no bank guarantee. Investing in these products does not provide direct exposure to crypto.
London Stock Exchange Group companies include FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Next Limited (“MTS”), and FTSE TMX Global Debt Capital Markets Inc. (“FTSE TMX”). All rights reserved. “FTSE®”, “Russell®”, “MTS®”, “FTSE TMX®” and “FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under license. All information is provided for information purposes only. No responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of its licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put.
An investment in the Funds involves risk, including possible loss of principal.
Shares of the Funds are not FDIC Insured, may lose value, and have no bank guarantee.
Teucrium Investment Advisors, LLC is the investment adviser to TTOP, TXBC, TXXD and TXXS.
PINE Distributors LLC is the distributor for TTOP, TXBC, TXXD and TXXS, and the Foreside is the Marketing Agent for ARKB, TETH, TDOG, TDOT, TOXR, TSOL, and TSUI.
PINE Distributors, LLC is not affiliated with Teucrium Investment Advisers, 21Shares, or Foreside.
Check the background of our investment professional’s on FINRA’s BrokerCheck.
Prospectus delivery and service providers
Carefully consider the investment objectives, risk factors, fees, and expenses of any product before investing.
- 33-Act ETPs: Registration statements (prospectuses) have been filed with the SEC and are available at www.sec.gov or by calling (646) 370-6016. The Marketing Agent is Foreside Global Services, LLC.
- 40-Act ETFs: Prospectuses or summary prospectuses may be obtained at www.21shares.com. The Distributor is PINE Distributors LLC.
21Shares US LLC serves as the Sponsor or Subadviser and is not affiliated with Foreside Global Services LLC or PINE Distributors LLC.
TUCRM-5258095-03/26
All content is original and has been researched and produced by 21Shares unless otherwise stated. No part of 21Shares' original content may be reproduced in any form, or referred to in any other publication, without the express written permission of 21Shares. The content is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services for any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile, or residence.Some statements on this website may express future expectations and forward-looking views based on 21Shares' current assumptions. These statements may involve known and unknown risks and uncertainties, potentially leading to different results than those implied or expressed. All content is subject to change without notice. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors. For full disclosures, please visit our Disclaimers and Terms & Conditions pages.