SIX Swiss Exchange · ETF
Invest in HODLX-USD ETF from India
Indian and foreign residents can buy 21shares Crypto Basket 10 Core ETP (HODLX-USD) units directly through Paasa.
By Paasa · Updated
HODLX-USD at a glance
- Price
- $27.72+$0.29 (1.04%)
- Expense ratio
- 0.49%
- Day range
- $27.54 – $27.72
- Assets
- $45.6M
- Domicile
- Switzerland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- +6.88%
- 6 months
- +28.25%
- YTD
- -5.92%
- 1 year
- -29.41%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Bitcoin71.4%
- 2Ethereum13.5%
- 3XRP4.2%
- 4Binance Coin4.1%
- 5Solana2.9%
- 6Tron1.3%
- 7Hyperliquid1.0%
- 8Dogecoin0.7%
- 9Chainlink0.4%
- 10Cardano0.4%
These 10 are 100.0% of the fund.
How to invest in HODLX-USD from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search HODLX-USD and buy
Find the fund by its ticker, HODLX-USD, on the SIX Swiss Exchange, and place your order.
Why invest in HODLX-USD from India
What HODLX-USD holds
The 21shares Crypto Basket Index ETP, identified by the ticker HODL, offers a direct and simplified way to invest in the five leading digital currencies, determined by their market value. This product is completely collateralized, with its value directly derived from the physical holdings of its constituent cryptocurrencies.
Hold a dollar asset
HODLX-USD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy HODLX-USD from India?
Yes. Indian residents can buy 21shares Crypto Basket 10 Core ETP (HODLX-USD) through Paasa. It is listed on the SIX Swiss Exchange and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does HODLX-USD invest in?
Its largest holdings are Bitcoin (71.4%), Ethereum (13.5%) and XRP (4.2%). The fund is domiciled in Switzerland.
What is the expense ratio of HODLX-USD?
21shares Crypto Basket 10 Core ETP has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $45.6M.
What tax do I pay in India when I sell HODLX-USD?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.