21Shares launches its first spot crypto ETF in the US, TCAN, tracking Canton.

CoinFeed reported on May 7th that, according to The Block, ETF issuer 21Shares launched the 21Shares Canton Network ETF (ticker symbol: TCAN) on Nasdaq, making it the first ETF in the US market to directly track Canton Network's native token, Canton Coin. Canton Network is a privacy-preserving blockchain ecosystem for institutional finance, with Digital Asset as its core developer and backers including Goldman Sachs, Microsoft, and DTCC.