CoinShares launches Toncoin ETP as TON market cap dips below $6B

CointelegraphWednesday, October 29, 2025 at 10:30:39 AM
CoinShares launches Toncoin ETP as TON market cap dips below $6B
CoinShares has introduced a new exchange-traded product (ETP) for Toncoin, which is associated with the Telegram platform. This launch comes at a time when the market capitalization of TON has fallen below $6 billion, reflecting a significant decline of nearly 60% this year. The move by CoinShares highlights their commitment to providing investors with exposure to emerging cryptocurrencies, even amidst market volatility. This development is noteworthy as it indicates ongoing interest in the TON ecosystem despite its recent struggles.
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