Is 21Shares Canton Network ETF (TCAN) a Buy, Sell, or Hold?
NASDAQ : TCAN
21Shares Canton Network ETF
$20.6838 USD
-$0.72 (-3.35%)
- Volume
- 1.62K
- Average Volume
- 13.53K
- Market Capitalization
- $206.84K
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $29.64
- Year Low
- $20.65
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
NASDAQ
None
Asset Management - Cryptocurrency
Financial Services
TCAN
N/A
US
USD
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Sales & Valuation
-$
Profitability
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Analyst Price Target & Rating
0/5
0 Analysts
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Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
No executive data available.
Poll Results
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About 21Shares Canton Network ETF (NASDAQ:TCAN) Stock
The 21Shares Canton Network ETF (TCAN) offers diversified investment exposure to Canton Coin (CC). It achieves this by blending direct acquisitions of CC with investments in exchange-traded products (ETPs) designed to mirror CC's market performance. To optimize market reach and enhance liquidity, TCAN has the flexibility to allocate capital to numerous ETPs, both domestically and internationally listed. Critically, the fund may leverage a Cayman Islands-based subsidiary for crypto asset custody. This arrangement adheres to principles consistent with the Investment Company Act, thus ensuring that all CC exposure is meticulously managed within a robustly regulated environment. This innovative structure seamlessly integrates direct digital asset ownership with established regulated investment ... vehicles. Its primary objective is to deliver performance correlated with CC via a single ETF wrapper, effectively navigating the complexities of custody, trading, and tax considerations. Beyond the ETF, the underlying Canton network empowers financial institutions to issue, exchange, and settle tokenized real-world assets securely, prioritizing data privacy and controlled authorization. Its inherent interoperability is engineered to mitigate settlement risk across its vast ecosystem. Operating as a "network of networks," each possessing autonomous governance, Canton enables financial entities to collaborate within isolated yet interconnected environments.
21shares Launches TCAN, the First U.S. ETF Providing Exposure to the Canton Network
2026-05-07 09:30:00
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- 21shares, one of the world's leading issuers of crypto exchange-traded funds (ETFs), today announced the launch of the 21shares Canton Network ETF (Ticker: TCAN). The fund is the first U.S. ETF designed to offer investors direct exposure to the Canton Coin, the native utility token of the Canton Network.
Frequently Asked Questions
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What is the current 21Shares Canton Network ETF (TCAN) stock price?
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21Shares Canton Network ETF(NASDAQ:TCAN) stock price is $20.6838 in the last trading session. During the trading session, TCAN stock reached the peak price of $29.64 while $20.65 was the lowest point it dropped to. The percentage change in TCAN stock occurred in the recent session was --3.35% while the dollar amount for the price change in TCAN stock was -$0.72.
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TCAN's industry and sector of operation?
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The NASDAQ listed TCAN is part of Asset Management - Cryptocurrency industry that operates in the broader Financial Services sector.
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Who are the executives of TCAN?
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How many employees does TCAN have?
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Number of TCAN employees currently stands at None. TCAN operates from 158 West 27th Street, New York, NY 10001, US.
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Link for TCAN official website?
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Official Website of TCAN is: https://www.21shares.com/en-us/products-us/tcan
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How do I contact TCAN?
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TCAN could be contacted at phone #None and can also be accessed through its website. TCAN operates from 158 West 27th Street, New York, NY 10001, US.
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How many shares of TCAN are traded daily?
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The average number of TCAN shares traded daily for last 3 months was 13.53K.
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What is the market cap of TCAN currently?
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The market value of TCAN currently stands at $206.84K with its latest stock price at $20.6838