🪙21Shares launches Toncoin staking ETP on the SIX exchange 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), has announced its innovative ETP based on staking Toncoin (TONN). It is one of the first to be operating on the TON blockchain and has already begun trading on the Swiss exchange SIX. An Exchange Traded Product (ETP) is an investment asset whose shares are traded on a stock exchange. As a passive investment instrument, it reflects the growth dynamics of a specific market by tracking its underlying index. The new staking-based Toncoin ETP features 100% physical backing and is designed to track the performance of TON, automatically reinvesting storage income back into the ETP. This improves performance and makes it attractive for those looking to earn from TON staking without the need to set up and manage their own node. With 21Shares, investors take advantage of TON staking benefits while omitting technical complexities. Instead, they benefit from the convenience and liquidity of traditional financial markets. Ophelia Snyder, co-founder and president of 21Shares, emphasized that TONN is "the first and only ETP on TON," offering opportunities for investors seeking the benefits of staking without the complexities associated with the technical process. Indeed, it is a regulated and secure way to invest in TON. According to the official 21Shares website, the staking-based TON ETP was valued at $25 million at the time of launch, equivalent to approximately 5 million TON. Your ETP @TonPost