CoinShares Launches New Altcoin ETF in U.S. Market

Highlights:

• CoinShares launches new altcoin ETF, DIME, focused on ten leading alternative cryptocurrencies.
• DIME allows altcoin exposure via traditional brokerage accounts without the need for wallets or exchanges.
• CoinShares waives the management fee for up to $1 billion in assets until September 2026.

CoinShares International Limited, the global asset management firm, has unveiled a new crypto fund called DIME. This altcoin ETF provides exposure to ten leading digital assets, beyond Bitcoin and Ethereum. United States investors can now get access to diversified exposure to cryptocurrencies in standard brokerage accounts.

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As per the press release, the ETF will begin trading on Nasdaq from October 7, 2025. CoinShares oversees more than $10 billion in assets and continually scales into new crypto investment products. DIME aims to fill a gap in the U.S. market where only spot Bitcoin and Ethereum ETFs have been available until now.

Investors can now avoid the complicated crypto exchanges. Instead, they can be exposed directly to top altcoins by using a familiar ETF structure. This opens up crypto diversification more than ever before.

CoinShares International Limited @CoinSharesCo Nasdaq Stockholm

Announced the launch of:

🔹CoinShares Altcoins ETF (ticker: DIME), an innovative U.S. ETF. 🤯

Hello Polkadot. pic.twitter.com/f8uz9mMKZ5

— Emil Kietzman 🐂⭕️ (@EmilKietzman) October 7, 2025

CEO Jean-Marie Mognetti said:

“With this move, DIME changes that as part of our U.S. market expansion. Diversified altcoin exposure is being made directly available to American investors in their brokerage accounts for the first time.”

DIME’s Altcoin ETF Structure Offers Broad-Based Exposure

DIME invests equally in a portfolio of exchange-traded products (ETPs) to invest equally in 10 different altcoins. These include Solana (SOL), Polkadot (DOT), Cardano (ADA), Cosmos (ATOM), Sei (SEI), Avalanche (AVAX), Sui (SUI), Aptos (APT), Near Protocol (NEAR), and Toncoin (TON).

Each ETP is listed on major public equity exchanges throughout the U.S., Canada, the U.K., and the EU. The ETF structure is created to be decentralized from any specific token. Equal weighting and quarterly rebalancing provide the prevention of overexposure and balanced risk.

DIME is based on the CoinShares-Compass Altcoins Index. The index eliminates outperformers and redistributes to underperformers every quarter. This way, it helps to manage the volatility in changing crypto markets.

CoinShares chose altcoins with respect to three themes: Layer 1 blockchains, interoperability protocols, and platforms with growth potential. Each of the coins in the fund has its own fundamental blockchain or enables cross-chain communication. By investing in these key categories, DIME provides an exposure to some of the most innovative blockchain technologies. Investors benefit from a wide range of crypto opportunities without having to manage individual wallets.

For US investors, DIME eliminates the need for direct crypto custody, offering seamless exposure to altcoins. It is the first ETF of its kind in the U.S., all aimed at non-Bitcoin and non-Ethereum assets. CoinShares has waived the fund’s 0.95% management fee for the first $1 billion in assets under management. This waiver runs through September 30, 2026, and aims to attract early adopters.

DIME Enhances CoinShares’ Global Expansion

CoinShares recently took strategic steps that bolster its position in the crypto asset space. Earlier in the month, CoinShares announced that it plans to acquire Bastion Asset Management. Bastion is a London-based company specializing in systematic crypto strategies.

CoinShares is expanding its platform with the acquisition of Bastion Asset Management, a London-based, FCA-regulated alternative investment manager focused on crypto.

Once completed, this acquisition enables CoinShares to bring a market-leading quantitative alpha investment… pic.twitter.com/fUGFdkTSTL

— CoinShares (@CoinSharesCo) October 1, 2025

This acquisition will contribute to fueling active crypto investment strategies and growing CoinShares’ reach in the U.S. market. The deal is awaiting regulatory approval, but it backs the firm’s long-term growth plans.

In July, CoinShares also obtained a MiCA license under its French subsidiary, CoinShares Asset Management. This made it the first EU-regulated digital asset manager to obtain a MiCA license. The license enables the group to provide both digital and traditional assets throughout the EU.

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