Swiss Asset Manager 21Shares Launches Cronos ETP
21Shares Announces ETP Linked to Crypto.com's Cronos
This product provides investors with the ability to include CRO in their portfolios without the need for crypto wallets or exchanges.
Francisco Rodriguez | Edited by Parikshit Mishra May 6, 2025, 1:23 PM
Key points:
- 21Shares has unveiled a new ETP for its Cronos network token, CRO.
- The ETP, which is traded on Euronext in Paris and Amsterdam, provides regulated access to CRO.
- The product is aimed at investors looking to gain exposure to CRO without direct exposure to cryptocurrencies.
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.
