Crypto
21Shares launches first U.S. spot Canton Network ETF, lists TCAN on Nasdaq
Asset manager 21Shares has listed TCAN, the first U.S. spot exchange-traded fund linked to Canton Network’s native token, Canton Coin (CC), on Nasdaq. The product aims to give U.S. investors a regulated way to invest in the Canton Network ecosystem. The fund is called the 21Shares Canton Network ETF and charges a 0.50 percent annual fee. The Canton Network is backed by a consortium involving Goldman Sachs, Microsoft and Deutsche Bank Japan.