Swiss crypto asset manager 21Shares has officially connected Cronos (CRO), the native currency of the blockchain network developed by Crypto.com, to a new exchange-traded product (ETP). The ETP began trading on Euronext Paris and Euronext Amsterdam on May 6, 2025, under the “CRON.”
With a 2.5% yearly fee, this addition to 21Shares’ expanding portfolio of crypto-linked investment vehicles follows the price movement of the underlying CRO coin.
The Cronos ETP provides institutional investors with significant exposure to blockchain technology through well-established investment channels. The ETP has physical backing, with comprehensive custody safeguards, and tracks the price of CRO. This structure allows traditional finance to join the Cronos network without facing the technical obstacles of direct bitcoin investing.
Why 21Shares Chose Cronos (CRO)
The blockchain has drawn interest due to its adaptability as a quick, scalable, and inexpensive Layer 1 network designed primarily to facilitate Web3 apps, NFTs, and decentralized financing (DeFi). Its interoperability is particularly noteworthy; it easily interacts with the Ethereum and Cosmos networks to create a multi-chain environment that links centralized and decentralized ecosystems.
Additionally, this timing aligns with 21Shares’ strategic global product expansion. To expand beyond the European market, the company has submitted an S-1 registration form for an SUI ETF in the US to the SEC.
The latest ETP demonstrates increasing institutional trust in Web3 infrastructure and multi-layer blockchain technology, offering more than merely another cryptocurrency investment vehicle. Products like these assist the growth of decentralized technologies and legitimize digital assets within conventional investment portfolios, which is essential given the growing need for regulated crypto exposure.
Furthermore, expanded institutional access to Cronos (CRO) may have long-term effects that improve the token’s liquidity and visibility.
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