21Shares Announces ETP Linked to Crypto.com’s Cronos
Francisco Rodriguez | Edited by Parikshit Mishra May 6, 2025, 1:23 PM
Crypto asset management company 21Shares has launched a new exchange-traded product (ETP) that offers investors regulated access to Crypto.com’s native Cronos token for Web3 applications.
The 21Shares Cronos ETP, which trades under the ticker CRON, is listed on Euronext Paris and Euronext Amsterdam. It has an annual fee of 2.5% and provides access to CRO.
This product allows investors to add CRO to their portfolios through brokers and banks, bypassing the need for crypto wallets or exchanges.
The move joins the Zurich-based company’s growing list of crypto-linked ETPs, which already covers a variety of cryptocurrencies. The Swiss asset manager is also increasing its presence in the U.S., having recently filed an S-1 registration for the SUI ETF.
CRO price has fallen by about 1.4% on the day, reflecting the overall trends in the cryptocurrency market.
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