CoinShares
Toncoin
Staking ETP
Access Gram (formerly Toncoin) through a regulated physical ETP — combining institutional-grade custody with transparent staking rewards and 0% management fees.
Key features
of our Gram (formerly Toncoin) ETP
Easily tradable
With CoinShares Toncoin Staking ETP, access Gram (formerly Toncoin) exposure right through your favourite investment platform. Keep all your investments in one place.
100% physically-backed
CoinShares Toncoin Staking ETP is 100% physically backed by Gram. Every unit is secured with real Gram, safely held with an institutional-grade custodian.
0% management fees
A first in the crypto ETP industry. CoinShares' Staking ETPs are built to allow the issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.
Fully transparent
All CoinShares ETPs' reserves are publicly available and independently verified by The Network Firm. Investors can track in real-time that each product is backed by the correct amount of the underlying digital asset(s).
CoinShares Toncoin Staking ETP Performance
Key risks
Trading Information
Structure
Key service providers
Legal & tax
Understanding TON and ETPs
Basics
TON: The network that powers Telegram economy
TON (The Open Network) is a fast, scalable layer-1 blockchain with deep integration into Telegram, aiming to power real use cases from payments to gaming and DeFi. Its native token, Gram (GRAM), is used to pay transaction fees, participate in staking, and fuel services across the TON ecosystem.
Read our Gram guideGram (formerly Toncoin) ETP: simple & regulated access
A Gram ETP (Exchange Traded Product) is a listed security that tracks the price of Gram (formerly Toncoin), TON’s native digital asset. Whether structured as an ETF, ETN or ETC, it provides regulated exposure through traditional brokerage accounts. Investors can access Gram easily, without the complexity of holding the asset directly.
Learn more: what are crypto ETPs?Why invest through Gram (formerly Toncoin) ETP?
Gram ETPs combine the benefits of crypto with the safeguards of traditional finance. It offers simple access through brokers, secure custody managed by professionals, and the transparency of regulated markets. This makes Gram exposure straightforward, trusted and efficient.
Discover the benefits of ETPsPeople Also Ask
FAQWhat is TON?
TON is a layer-1 blockchain originally developed by the founders of Telegram and later maintained by the open-source TON Foundation. In May 2026, Telegram once again took over the control of TON. It is designed to be fast, scalable, and user-friendly, aiming to bring blockchain technology to a mainstream audience through deep integration with the Telegram app.
Learn more about TONWhy has Toncoin become Gram?
Gram was the original name of the native currency of the TON Layer-1 blockchain in the first whitepaper. It became Toncoin following a legal battle with the SEC, which was settled in 2020. After Telegram founder Pavel Durov announced that Telegram would take back control of TON development, he proposed a community vote to rebrand Toncoin as Gram. The proposal was approved on 8 June 2026.
Why should I consider exposure to Gram?
Gram benefits from its deep connection to Telegram, giving it a path to mainstream adoption via a massive, pre-existing user base.
How does staking work with this ETP?
CoinShares stands out as the only issuer that offers investors transparent staking rewards for proof-of-stake crypto assets. We provide a clear system for distributing staking rewards, ensuring that investors have visibility into the process and outcomes, with reduced management fees (0% p.a.)
Learn more about staking ETP