ETPCronos

On May 6, 2025, 21Shares launched an exchange-traded product (ETP) tracking the price of Cronos in the US, marking a new milestone in the altcoin fund wave. Could Cronos become the next focal point of the market? Let's analyze in detail.

21Shares Introduces Cronos ETP

Swiss investment firm 21Shares announced #ETPCronos on Tuesday, allowing US investors access to Cronos without direct ownership. Cronos is the native token of Crypto.com, facilitating interactions with decentralized finance (DeFi) platforms, NFTs, and Web3 applications, compatible with Ethereum and Cosmos. Currently, Cronos trades at $0.08636, down 1.54% in the past 24 hours (according to CoinMarketCap). Mandy Chiu, head of financial product development at 21Shares, emphasized: “The Cronos ETP provides easy, regulated access to a blockchain ecosystem that drives practical applications and pioneers the future of Web3.”