21Shares has launched the first U.S. ETF offering direct exposure to Canton Coin, the native token of the Canton Network. Trading under the ticker TCAN, the ETF began trading on Nasdaq on Thursday. Canton Network is a privacy-focused blockchain ecosystem designed for institutional finance, with backing from major firms like Goldman Sachs, Microsoft, and DTCC.
This launch marks a continuation of the trend in the U.S. market towards ETFs that track various cryptocurrency assets. Over the past year, ETFs for tokens such as SOL, XRP, DOGE, HBAR, and Polkadot have been introduced, reflecting growing institutional interest in diverse crypto assets.
21Shares Debuts First U.S. ETF for Canton Network's Native Token
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