{"id":51952,"date":"2025-05-06T18:45:03","date_gmt":"2025-05-06T18:45:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cro-price-forecast-as-21shares-launches-cronos-linked-etp\/"},"modified":"2025-05-06T18:45:03","modified_gmt":"2025-05-06T18:45:03","slug":"cro-price-forecast-as-21shares-launches-cronos-linked-etp","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cro-price-forecast-as-21shares-launches-cronos-linked-etp\/","title":{"rendered":"CRO price forecast as 21Shares launches Cronos-linked ETP"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-58-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-58-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-58-smartcrop-750x375.webp\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-58-smartcrop-363x181.webp\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>CRO price was down nearly 2% despite 21Shares\u2019 launch of a new Cronos exchange-traded product.<\/li>\n<li>The ETP is live on the Euronext Paris and Euronext Amsterdam exchanges.<\/li>\n<li>Cronos\u2019 price has struggled amid the broader market downturn.<\/li>\n<\/ul>\n<p>21Shares, a leading crypto asset manager, launched a new exchange-traded product (ETP) tied to Cronos, a Layer 1 blockchain network developed by <a href=\"https:\/\/coinjournal.net\/news\/tag\/crypto-com\/\">Crypto.com<\/a>.<\/p>\n<p>This move aims to provide investors with regulated exposure to Cronos\u2019 native token, CRO, without the complexities of managing digital wallets or navigating crypto exchanges.<\/p>\n<p>The announcement, <a href=\"https:\/\/x.com\/cronos_chain\/status\/1919767661283835910\" target=\"_blank\" rel=\"noopener\">shared<\/a> by Cronos on X, highlights a growing trend of major asset managers integrating cryptocurrencies into traditional financial systems.<\/p>\n<p>Many of these have recently hit the market via exchange-traded products.<\/p>\n<p>The investment vehicles offer a bridge for investors seeking exposure to the fast-evolving web3 ecosystem.<\/p>\n<h2>21Shares announces Cronos ETP launch<\/h2>\n<p>Exchange-traded products like ETPs have become a popular vehicle for investors to gain exposure to cryptocurrencies without directly owning them.<\/p>\n<p>ETP products, traded on regulated stock exchanges, track the performance of underlying assets like $CRO and are accessible through conventional brokers and banks.<\/p>\n<p>The launch of the 21Shares Cronos ETP aligns with the broader market\u2019s increasing acceptance of crypto-based ETFs.<\/p>\n<p>The 21Shares Cronos ETP, trading under the ticker CRON, is now live on Euronext Paris and Euronext Amsterdam, as confirmed by both 21Shares and Cronos.<\/p>\n<p>With a 2.5% annual fee, the ETP allows investors to add $CRO to their portfolios seamlessly.<\/p>\n<p>This product eliminates the need for self-custody, a common barrier for traditional investors hesitant to engage with cryptocurrencies directly.<\/p>\n<p>The launch sees 21Shares, a Zurich-based firm, continue to expand its suite of crypto-linked ETPs, which already includes various cryptocurrencies.<\/p>\n<p>The company has also been making strides in the US.<\/p>\n<p>Recently, it filed an S-1 registration form for an SUI ETF, joining many other fund applications before the SEC.<\/p>\n<p>Experts believe the regulator will approve several of the ETFs before the end of the year.<\/p>\n<h2>CRO price performance amid market trends<\/h2>\n<p>Despite the positive news, the price of $CRO experienced a slight decline, with the altcoin\u2019s price down nearly 2% in the past 24 hours at the time of writing.<\/p>\n<figure id=\"attachment_305558\" aria-describedby=\"caption-attachment-305558\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-305558 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/CRO_1D_graph_coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-305558\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/cronos\/\">Cronos CRO price chart<\/a> on CoinMarketCap<\/figcaption><\/figure>\n<p>This movement aligns with the broader cryptocurrency market performance in the past 24 hours.<\/p>\n<p>Bitcoin, which rose to highs of $97k over the weekend, was down to near $93k as stocks also struggled amid tariff uncertainty.<\/p>\n<p>CRO price could dip further amid this outlook. However, the launch of the ETP may yet spark fresh optimism within the Cronos community, helping CRO higher.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/cro-price-forecast-as-21shares-launches-cronos-linked-etp\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) CRO price was down nearly 2% despite 21Shares\u2019 launch of a new Cronos exchange-traded product. The ETP is live on the Euronext Paris and Euronext Amsterdam exchanges. Cronos\u2019 price has struggled amid the broader market downturn. 21Shares, a leading crypto asset [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":51953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51952"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51952"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51953"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}