21Shares Launches Cronos ETP on European Exchanges

Swiss digital asset manager 21Shares announced on May 6 the launch of a new exchange-traded product (ETP) based on the Cronos (CRO) token, the native asset of the Crypto.com blockchain network. The ETP is now available for trading on Euronext Paris and Amsterdam, offering European investors regulated access to Cronos.

The product provides indirect exposure to the CRO token through traditional investment accounts, eliminating the need to use crypto exchanges or manage digital wallets. This launch is part of 21Shares’ strategy to expand its product suite in Europe and meet the growing demand for regulated financial instruments tied to altcoins.

The move follows a series of similar launches by the company, as institutional interest in digital assets continues to grow in regulated markets.