21Shares Launches Cronos ETF to Expand Institutional Access to Web3

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.

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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.

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