21Shares Launch Cronos (CRO) ETP for inside Euronext, show say institutional interest for regulated altcoin investments dey rise

Published: 2025-05-07 06:03:05 |

21Shares don make their hand strong for European market as dem launch new yeye trading product (ETP) wey Cronos (CRO) token support for Euronext Paris and Amsterdam, starting from May 6, 2025. Dis ETP go give big-big investors and small-small investors correct access wey dem regulate and transparent to Cronos, the main token for the Cronos blockchain wey get connection with Crypto.com. Dem build am with Cosmos SDK and e fit work with Ethereum tools. The Cronos chain dey support DeFi, NFTs, and plenty Web3 applications. By the time dem launch am, CRO market value don nearly reach $2.4 billion, with plenty money locked (TVL) wey be around $400 million. The product get full backup and dem use correct custody for big institutions, even though 21Shares no talk wetin dem go charge yet or how dem plan to expand. Dis move dey happen because people dey ask for regulated altcoin investment products, and dem don submit over 70 crypto ETF and ETP proposals worldwide for 2025. Dis one show say market people get hope because US SEC regulatory environment don favour am small. But even though spot ETFs for Bitcoin and Ether don do well for US, altcoin ETFs still dey under review, so Europe don become the main place for regulated altcoin exposure. The launch show say big institutions and normal people dey show more interest for altcoin investment, wey dey increase chance and money movement for crypto traders for the regulated exchange side.

Bullish

Wen 21Shares start fully regulated Cronos (CRO) ETP for Europe big market, e make am easy for big-big and small-small investors to reach and trust CRO. CRO get good market size and strong system, so wen dem put am for normal money places, e go boost wetin people want and how dem fit buy and sell am fast, especially as Europe don pass other places for regulated altcoin things. Wen dem don do like this before for BTC and ETH ETFs and money just enter plenty, e show say wen dem make am reach more people, the price fit just go up. Plus, as the rule for crypto dey clear small-small for Europe and people dey get hope, especially wen US rules for altcoin ETFs no clear yet, e fit make more money enter CRO and make the price look good for now and later.