āļø 21Shares Launches Toncoin Staking ETP
š¢ 21Shares has introduced Exchange Traded Products (ETP) for staking Toncoin amidst a significant increase in the $TON token's value this month following its integration with Telegram.
š The ETP, named TONN, was launched on the Swiss Exchange SIX, where 21Shares already offers several other cryptocurrencies.
ā¹ļø An Exchange Traded Product (ETP) is a financial instrument that tracks the price of an asset and is traded on traditional stock exchanges. ETPs can come in various forms: Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), or Exchange Traded Certificates (ETCs).
ā Currently, the price of $TON is $4.94.