Invesco Launches ‘Physical’ Bitcoin ETP In Europe
Shortly after withdrawing a futures-based offering in the U.S., the asset manager has entered Europe with a spot-based one.Invesco has launched a bitcoin exchange-traded product in Europe.The Invesco Physical Bitcoin fund is listed on the Deutsche Boerse under the ticker symbol BTIC.The offering is “physically”-backed by bitcoin and tracks the CoinShares reference price index, minus fees. Asset manager Invesco has launched a spot bitcoin exchange-traded product (ETP) in Europe, reported ETF Stream. The offering is “physically” backed by actual bitcoin and tracks the CoinShares Bitcoin....
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