The Crypto Landscape Keeps Evolving – So Does KRYP

May 28, 2026
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ProShares CoinDesk 20 Crypto ETF (KRYP) – the first and only ETF tracking the CoinDesk 20 Index – is designed to evolve with the crypto market. The index reconstitutes quarterly to capture emerging crypto leaders and limit concentration in any single crypto asset. The April reconstitution introduces one addition and one deletion.[1]

KRYP invests in cryptocurrency derivatives and does not directly invest in cryptocurrency. There is no guarantee the fund will meet its investment objective.

April Reconstitution Changes as of 4/30/26:

Addition: Bittensor (TAO)

Bittensor is a decentralized machine learning network that incentivizes the creation and sharing of artificial intelligence models. By leveraging blockchain-based coordination, it enables open participation in training and monetizing AI systems. TAO’s inclusion reflects the growing importance of decentralized AI within the digital asset ecosystem.

Ticker Market Cap Total Supply Max Supply Circulating Supply
TAO $2.70B 21M TAO 21M TAO 10.81M TAO

Deletion: Aptos (APT)

Aptos is a Layer 1 blockchain designed for scalability and high-throughput applications, utilizing the Move programming language.

Ticker Market Cap Total Supply Max Supply Circulating Supply
APT $802.03M 1.2B APT 2.1B APT 794.64 APT
Why KRYP?

First and Only CoinDesk 20 ETF

KRYP is the only ETF based on the CoinDesk 20, an index that curates its constituents excluding memecoins, stablecoins and certain other crypto assets.

The Most Cryptocurrencies in an ETF

Offers diversified[2] exposure to 20 of the largest cryptocurrencies with a single ticker — more than any other U.S. ETF.

Adapt with the Market

Rebalances quarterly to dynamically capture emerging crypto leaders and limit concentration in any single crypto asset.

 

1. Source: CoinDesk Indices. Digital Asset weights in the CoinDesk 20 Index as of 4/30/2026 are Bitcoin (BTC): 30.23%, Ethereum (ETH): 20.08%, XRP (XRP): 15.30%, BNB (BNB): 15.09%, Solana (SOL): 8.67%, Cardano (ADA): 1.65%, Bitcoin Cash (BCH): 1.60%, Chainlink (LINK): 1.20%, Stellar (XLM): 0.96%, Litecoin (LTC): 0.77%, Avalanche (AVAX): 0.71%, Hedera Hashgraph (HBAR): 0.69%, Sui (SUI): 0.65%, Cronos (CRO): 0.54%, Bittensor (TAO): 0.49%, Uniswap Protocol Token (UNI): 0.42%, Near (NEAR): 0.30%, Aave (AAVE): 0.26%, Internet Computer (ICP): 0.24%, and Polkadot (DOT): 0.16%. These percentages represent the respective cryptocurrencies' weights in the index. The fund intends to invest in cryptocurrency derivatives that correspond to the weightings of the index. The fund invests in cryptocurrency derivatives and does not invest directly in cryptocurrency.

2. Diversification does not ensure a profit or guarantee against a loss.

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KRYP

CoinDesk 20 Crypto ETF

Seeks investment results, before fees and expenses, that track the performance of the CoinDesk 20 Index.

Get the latest perspectives and updates.

Investing involves risk, including the possible loss of principal. There is no guarantee that any ProShares ETF will achieve its investment objective.​

This ETF invests in swap agreements and does not directly invest in crypto assets. Investors seeking exposure to crypto assets directly should consider an investment other than this ETF. Crypto assets are a relatively new asset class and the market for crypto assets is subject to rapid changes and uncertainty. Crypto assets are subject to unique and substantial risks, such as rapid price swings and lack of liquidity, including as a result of changes in their supply and demand, statements by influencers and the media, and other factors. Crypto assets are largely unregulated and may be more susceptible to fraud and manipulation than more regulated investments. The value of an investment in the ETF could decline significantly and without warning, including to zero. This ETF may not be suitable for all investors.​

This ProShares ETF is a non-diversified investment company and entails certain risks, including risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), counterparty risk, imperfect benchmark correlation, and market price variance, all of which can increase volatility and decrease performance. While the ETF’s index has 20 constituents, it may be heavily weighted in just a few crypto assets (e.g., Bitcoin, Ether, Binance Coin, Solana, XRP). As a result, their performance will have a much greater influence on the ETF’s performance than the remaining crypto assets in the index. The composition of the index can change significantly over time and many or all of the constituents may be replaced at each quarterly reconstitution. Smaller crypto assets tend to carry higher risks, including greater volatility and increased vulnerability to fraud or manipulation. This ETF is new and may have a limited number of market makers. There can be no assurance the fund will be successful or that an active market for its shares will develop. Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in the ETF’s summary and full prospectuses. Read them carefully before investing. Obtain them from your financial professional or visit ProShares.com.​

CoinDesk and CoinDesk 20 are registered trademarks of CoinDesk Indices, Inc., licensed for use by ProShares. CoinDesk Indices, Inc. does not make any representation as to the legality or suitability of ProShares, and does not sponsor, endorse, sell, or promote them. CoinDesk Indices, Inc and its affiliates make no warranties and bear no liability with respect to ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.​

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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