Four Issuers Launched Crypto ETPs in Europe1 Jun 2021 18:32
With CoinShares leading the way with exchange-traded products tracking the performance of Bitcoin, Ethereum, Litecoin, and more digital assets launched in Europe this year, the trend has only intensified, and multiple other companies want a share of that pie.
Those names include WisdomTree, ETC Group, VanEck, and 21Shares. ETC Group was among the latest to outline such plans as its BTCE Bitcoin product will be available for trading as of June 7th on the Aquis Exchange MTFs in London and Paris.
According to the statement, it will become the first physically-backed Bitcoin ETP on a UK exchange. Trading will be available in GDP, CHF, Euro, and USD. The decision to launch such a product came after research showing that 53% of European professional investors prefer trading Bitcoin via an ETP, the company explained.
https://cryptopotato.com/from-mobile-applications-to-exchange-traded-products-new-crypto-developments-in-europe/