European crypto asset manager CoinShares is doubling down on its commitment to Toncoin (TON) by launching a new staking Exchange-Traded Product (ETP), the CoinShares Physical Staked Toncoin (CTON).
The launch on the Swiss SIX Exchange on Tuesday comes despite a sharp market decline for TON, whose market capitalization has fallen by 59% this year to approximately $5.7 billion. CoinShares views the move as a long-term bet on TON’s potential.
Key Features of the CTON ETP
- Staking Rewards: The ETP automatically provides investors with a 2% return from TON network validation rewards.
- Accessibility: It offers a streamlined, simple way for institutional investors to gain exposure to Toncoin.
- Trading: The product is tradable in US dollars.
This is CoinShares’ second Toncoin-related product launched this month, signaling a focused strategy on the asset. In early October, the company included Toncoin in its CoinShares Altcoins ETF (DIME), launched in the United States.
October 2025, Cryptoniteuae
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