Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes
The number of crypto-based exchange-traded products in Europe continues to expand as 2022 draws nearer. Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform. The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt security that tracks an underlying index of equities and trades on a major exchange. According to the announcement, the new ETNs will provide investors access to investment opportunities in....
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Two weeks ago XBT Provider AB announced the authorization of Bitcoin Tracker One, the first Bitcoin-based security available on a regulated exchange. Today, Bitcoin Tracker One started trading on Nasdaq Stockholm. "NASDAQ OMX Stockholm decides to officially list 1 Exchange Traded Note issued by XBT Provider AB with effect from 2015-05-18," announced XBT Provider AB on Friday. "We are proud to offer the world's first "Bitcoin tracker" to be traded on a regulated exchange," states the XBT Provider website. "By enabling this easy and secure way to invest in Bitcoin we hope to have eliminated....
A few weeks back, Bitcoin Tracker One was authorized to be the first bitcoin-based security available for trading on a regulated exchange. Its exchange-traded note (ETN) is now being traded on Nasdaq Stockholm. "NASDAQ OMX Stockholm decides to officially list 1 Exchange Traded Note issued by XBT Provider AB with effect from 2015-05-18," XBT Provider AB announced. "We are proud to offer the world's first "Bitcoin tracker" to be traded on a regulated exchange." XBT Provider AB is a public limited liability company formed in Sweden and incorporated under Swedish law, with statutory seat in....
The disappearing distances between the Bitcoin and mainstream finance markets were further noticed when Stockholm's finance watchdog Finansinspektionen agreed to bring Bitcoin Tracker One - a Bitcoin-based security - on a local regulated exchange; thereby enabling the digital currency's entry into Sweden's NASDAQ. Following the authorization by the concerned authority, Bitcoin Tracker One ended up becoming the first digital currency-based security to have been launched on a NASDAQ regulated exchange. It is created by the Stockholm's leading Bitcoin trading firm XBT Provider. According to....
XBT Provider AB announced today the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange, Bloomberg reports. Bitcoin Tracker One is an "Exchange Traded Note" (ETN) designed to provide investors with convenient access to the returns of the underlying asset, U. S. dollar (USD) per bitcoin, less investor fees. Bitcoin Tracker One is authorized by Sweden's financial supervisory authority, and will be admitted to trading on Nasdaq Stockholm. The average dollar exchange rate of bitcoin from the most liquid exchanges provides the underlying....
Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins. The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May. In a statement, Alexander Marsh, chief executive officer of XBT Provider AB, said: "By enabling this easy and secure way to invest in bitcoin we hope to have eliminated the boundaries that earlier prevented individuals and companies from being able to actively....