Is it possible to quickly close gaps and create crossfades for selected audio events?

hello guys,

I was watching an ableton video and saw a shortcut called Create fades on clip edges. From what I can tell, it lets you ,for selecte adjacent clips, to close the gaps between them, and creates crossfades really fast. Here is the exact moment where it is done in a youtube video.

So, is there any shortcut (or perhaps hidden) in Cubase that does this?

Audio / Advanced / Close Gaps (Crossfade)
You can also assign a keyboard shortcut to this

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Thank you :slight_smile: