21Shares Launches Cronos ETF to Expand Institutional Access to Web3
Digital asset investment firm 21Shares has rolled out a new exchange-traded product (ETP) offering direct exposure to Cronos (CRO), the native token of the Cronos blockchain.
Listed under the ticker CRON, the product will be available on Euronext Paris and Amsterdam with a 2.5% fee.
The launch aims to give institutional investors a seamless way to participate in one of crypto’s fast-evolving ecosystems without managing wallets or using crypto exchanges. Mandy Chiu, who leads product development at 21Shares, described Cronos as a powerful bridge between centralized accessibility and decentralized innovation, underlining its relevance in the growing Web3 landscape.
Eric Anziani, President and COO of Crypto.com—a key backer of Cronos—hailed the move as a step toward broader crypto adoption. He emphasized the significance of giving mainstream investors simplified access to blockchain platforms like Cronos, which is being developed for scalability, interoperability, and AI-powered applications.
With over 500 developers and partners already active on the network, and support from Crypto.com’s 100 million-strong user base, Cronos aims to become a gateway for the next wave of decentralized finance and gaming applications.
The new product from 21Shares marks a milestone in bringing regulated investment vehicles to a blockchain ecosystem focused on mainstream usability.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
