CoinShares Launches DIME, First U.S. ETF for Diversified Altcoin Access
CoinShares has introduced DIME, a new U.S. ETF designed to provide investors with diversified access to altcoins through their traditional brokerage accounts. DIME aims to track the performance of the CoinShares-Compass Altcoins Index, offering exposure to approximately 70% of the crypto market currently inaccessible through traditional U.S. brokerages.
DIME will initially focus its investments on ETPs invested in Solana (SOL), Polkadot (DOT), Cardano (ADA), Cosmos (ATOM), Sei (SEI), Avalanche (AVAX), Sui (SUI), Aptos (APT), Near Protocol (NEAR), and Toncoin (TON). The ETF aims to track the performance of the CoinShares-Compass Altcoins Index, employing equal weighting across constituents with quarterly rebalancing to prevent concentration risk. This approach allows DIME to capture gains from outperforming assets while increasing positions in underperformers. CoinShares has waived the 0.95% gross expense ratio for DIME on assets under management up to $1 billion until September 30, 2026.
DIME will be available for trading on Nasdaq today, beginning October 7, 2025. The launch of DIME follows CoinShares' agreement to become publicly listed on the Nasdaq Stock Market in the United States through a Business Combination Agreement with Vine Hill Capital Investment Corp.
DIME, the CoinShares Altcoins ETF, offers investors a simplified way to access a diverse range of altcoins directly through their traditional brokerage accounts. With its equal weighting and quarterly rebalancing strategy, DIME aims to provide broad exposure to the crypto market while mitigating concentration risk. The ETF's launch on Nasdaq today will provide investors with an opportunity to gain exposure to the growing altcoin market in a familiar and accessible format.
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