21Shares Launches TCAN — the First U.S. ETF Giving Direct Exposure to Canton Network's Institutional Blockchain!

21Shares debuted the Canton Network ETF (ticker: TCAN) on Nasdaq Thursday, marking the first U.S. fund to offer direct exposure to Canton Coin (CC), the native utility token of a privacy-preserving blockchain built specifically for institutional capital markets. Canton's token carries a $5.6 billion market cap, placing it in the top-20 cryptocurrencies.

The Canton Network counts Goldman Sachs, Microsoft, DTCC, Nasdaq, Moody's, and Deloitte among its backers and supporters — a roster that 21Shares EVP Andres Valencia says signals infrastructure "with the potential to reshape how data and capital move across global markets."

TCAN joins a wave of altcoin ETFs approved under the SEC's increasingly crypto-friendly posture since January 2025, when Chairman Paul Atkins began issuing guidance clarifying that most digital assets are not securities. SOL, XRP, DOGE, HBAR, and Polkadot funds have…