VanEck Launches Celestia ETNs on European Exchanges

Key Points:
  • VanEck debuts Celestia ETNs on Amsterdam and Paris exchanges.
  • Supports growing need for modular blockchain services.
  • Institutional investors gain TIA exposure without holding tokens.

VanEck announced the official launch of its exchange-traded notes (ETNs) tracking Celestia’s native token, TIA, on April 2, 2025, available through Euronext Amsterdam and Paris.

Investors can now access the Celestia ecosystem without holding coins, a significant step for blockchain technology adoption.

VanEck’s ETNs Offer New Gateway for Institutional Investors

VanEck unveiled new ETNs tracking Celestia’s TIA.

The asset management company brings innovative crypto investment vehicles to the Amsterdam and Paris stock exchanges. Menno Martens of VanEck highlighted the growing demand for these services.

Menno Martens, Crypto Product Manager, VanEck Europe, stated, “The demand for the TIA token stems from the growing need for Celestia’s services by developers building high-throughput applications” – Source

Responses include statements from Mustafa Al-Bassam, Celestia co-founder, who acknowledged VanEck’s role in providing institutional access to their ecosystem. Al-Bassam emphasized making Celestia’s modular design more accessible.

Celestia’s TIA Token: Market Performance and Future Outlook

Did you know? Celestia’s TIA token emerges as a notable precedent for institutional interest in modular blockchain projects, akin to prior Bitcoin and Ethereum ETN launches.

According to CoinMarketCap, Celestia’s TIA token currently trades at $3.09 with a market cap of $1.80 billion as of April 2, 2025. The 24-hour trading volume stands at $54.05 million, marking a 1.96% decrease in the last day and a 40.25% drop over 90 days.

celestia-daily-chart
Celestia(TIA), daily chart, screenshot on CoinMarketCap at 14:58 UTC on April 2, 2025. Source: CoinMarketCap

Insights from Coincu research suggest potential regulatory developments could further influence TIA’s adoption in the blockchain sector. Industry focus remains on addressing scalability and data availability challenges through modular architectures.

Rate this post

Other Posts: