Cronos ETF: You Won’t Believe What 21Shares Is Doing for Crypto Investors! 😲

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Listed under the ticker CRON (yeah, great name—like the stuff you find in a bakery), this ETF will make its grand entrance on Euronext Paris and Amsterdam—and for the low, low price of a 2.5% fee. Two and a half percent! It’s robbery, but hey, at least you don’t have to remember another crypto password.

So what’s the pitch here? Institutional investors—people with more money than sense—finally get to dip their toes in crypto’s ever-shifting waters without having to fumble around with digital wallets or sketchy exchanges. Mandy Chiu from 21Shares (who I’m sure is very important) calls Cronos a “powerful bridge” between all this centralized and decentralized business. Listen, any bridge that charges you a toll that high should at least come with a cup of coffee or a bagel.

Eric Anziani—the president, COO, and apparently cheerleader-in-chief of Crypto.com—says this is a big leap for crypto adoption. Sure, if you think making things “simple” always involves a 30-page prospectus. He’s all about opening the floodgates for mainstream investors who want blockchain, scalability, and AI. AI! Because if there’s one thing I trust with my money, it’s a robot that might mistake my savings for cat photos.

Apparently, 500 developers and partners are already playing around on the Cronos playground, plus they’ve got Crypto.com’s “100 million users.” Yeah, and I’ve got 100 million reasons to mistrust giant numbers in press releases. But who’s counting?

Anyway, 21Shares gets to slap another medal on its chest for “bringing regulated investments” to the blockchain world, which sounds great, except have you seen these regulations? Still, if you miss out, just wait—there’ll be a new crypto thing every week. Probably called Croissant.

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2025-05-07 10:30