CoinShares, Europe’s largest digital asset investment firm, announced today that Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) physically-backed exchange-traded products are cross-listed on Germany’s Börse Xetra exchange.
Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel.
CoinShares introduced a Bitcoin ETP, the first of its ETPs, on Switzerland’s SIX Exchange in January. The ETPs are physically backed by core digital assets under the supervision of Komainu, an institutional-grade digital asset manager, a joint venture between global investment bank Nomura, digital asset security firm Ledger, and CoinShares. An ETP is an exchange-traded financial instrument, like an exchange-traded fund.
The listing of CoinShares’ physical Bitcoin, Ethereum and Litecoin ETPs on Börse Xetra follows the company’s approval to distribute ETPs across the European Union and provides institutional investors with the opportunity to invest in digital assets.
CoinShares’ ETP listings are joining a growing number of ETPs on European exchanges. WisdomTree, a New York-based asset manager, announced this month that physically-backed Bitcoin and Ether ETPs, which are already listed on Germany’s Börse Xetra and Switzerland’s SIX, are listed on Euronext exchanges in Paris and Amsterdam.
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.