A New Physically Backed Bitcoin ETN Just Launched In Germany
EQONEX Limited launched a physically backed bitcoin ETN for German investors which will allow free bitcoin redemption and low management fees.EQONEX Limited launched a physically backed bitcoin ETN for German investors. Physical bitcoin will be custodied by Digivault in a segregated account. The company intends to build out more investor products to be offered internationally.German financial services company EQONEX Limited (NASDAQ: EQOS) has launched its first investor product with a new physically backed exchange-traded note (ETN) on the Deutsche Börse XETRA Exchange, according to a....
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Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether and Litecoin ETPs. European digital asset manager CoinShares is expanding the reach of its physically backed exchange-traded product (ETP) portfolio with a new listing in Germany.According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra.The digital asset manager started the year by launching a Bitcoin ETP named CoinShares Physical Bitcoin (BITC) in January. Listed on Switzerland’s SIX Swiss Exchange, each....
CoinShares has announced an exchange-traded product physically backed by bitcoin to entice institutions into Plan B. The post CoinShares Offers Institutional On-Ramp With Physically-Backed Bitcoin ETP appeared first on Bitcoin Magazine.
Major European digital asset investment firm CoinShares has launched its third physically-backed ETP in 2021. European digital asset manager CoinShares continues to actively expand its physically-backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP.According to an April 6 announcement, CoinShares has launched its CoinShares Physical Litecoin.Listed under the ticker symbol LITE, each unit of the Litecoin ETP is backed with 0.2 LTC ($45) at launch, providing investors with passive exposure to the Litecoin network’s native asset. The new investment product will....
On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck bitcoin ETN provides investors with the opportunity to buy and sell the ETN, and participate directly in the performance of bitcoin without actually purchasing the crypto asset. There’s a new bitcoin (BTC) exchange-traded note available on the exchange Deutsche Böerse Xetra, a marketplace....
CoinShares FTX Physical Staked Solana will be listed on Germany’s major digital market Xetra and is the fourth ETP rolled out by CoinShares this year. CoinShares, one of the largest crypto investment firms in Europe, and FTX crypto exchange have united forces to launch a new physically-backed Solana (SOL) exchange-traded product (ETP).The new product, titled CoinShares FTX Physical Staked Solana, is launching with 1 million SOL in seed capital, allowing investors to get 3% in staking rewards, CoinShares officially announced on Wednesday. The new cryptocurrency ETP is the first initiative....