Exchange-traded products abound, but crypto is still waiting for an
Exchange-traded products abound, but crypto is still waiting for an ETF
Swiss SIX Exchange, Switzerland’s principal stock exchange, continues to expand its crypto products with a new (BTC) exchange-traded product, or ETP.
On Jan. 13, SIX launched trading of the BTCetc Bitcoin ETP (BTCE), a new crypto ETP product issued by London-based investment firm ETC Group. The newly listed ETP tracks the price of Bitcoin, providing investors with a new way to get exposure to the world’s largest cryptocurrency. Each BTCE unit provides holders with a claim on a predefined amount of BTC.
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