Sunday, January 17, 2021
  • Contact Us
  • Privacy Policy
FIND CRYPTO NEWS
Advertisement
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
No Result
View All Result
Home Regulation

This Bitcoin ETP Is Now Listed on Germany, Switzerland, Austria’s Leading Stock Exchanges

September 2, 2020
in Regulation
2 min read
This Bitcoin ETP Is Now Listed on Germany, Switzerland, Austria’s Leading Stock Exchanges
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

You might also like

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh

Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’

Switzerland-based fintech firm 21Shares, previously Amun AG, has announced its bitcoin exchange-traded product (ETP) has been listed on the Vienna Stock Exchange Wiener Börse.

Notably, this is the third major stock exchange to list a bitcoin-related product, after the Deutsche Boerse Xetra – Europe’s third-largest exchange – and Switzerland’s SIX Exchange listed the ETP. 21Shares’ Bitcoin ETP (ABTC) and Ethereum ETP (AETH) started trading on the Vienna Stock Exchange this month.

In a statement, the Switzerland-based firm said the listing demonstrates institutional and regulatory acceptance of cryptocurrencies as an emerging asset class. The statement reads:

The two products ABTC and AETH are passported into Austria and authorized for distribution for both retail and institutional investors using a familiar and widely accepted financial structure.

The Bitcoin ETP was first listed on Switzerland’s SIX exchange before the firm launched it on Xetra, the Deutsche Boerse’s electronic trading venue. 21Shares’ Bitcoin ETP has a 1.49% management fee and is one of 11 crypto exchange-traded products that the firm offers. Its products track the prices of major cryptocurrencies like Bitcoin, Ethereum, XRP, and Binance’s BNB.




Commenting on the new listing Thomas Rainer, head of business development at the Wiener Börse said the listing meant the exchange has expanded its selection of asset classes, and added:

Experienced, local investors can now benefit from the stock market advantages in crypto trading: Monitored, regulated and transparent trading.

21Shares also has a short Bitcoin ETP that lets investors bet against the flagship cryptocurrency. Its managing director Laurent Kssis has in the past said the firm has lobbied to apply with it Deutsche Boerse to list the Short Bitcoin ETP (SBTC).

The firm reportedly has over $100 million in assets under management (AUM), but its CEO Hany Rashwan has said it aims to achieve $1 billion.

Featured image via Pixabay.

Credit: Source link

Previous Post

Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels

Next Post

Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term

Related Posts

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000
Regulation

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

January 17, 2021
Bitwise’s Crypto Index Fund Liquidates XRP Position After SEC Sues Ripple
Regulation

Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh

January 17, 2021
Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’
Regulation

Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’

January 16, 2021
Pantera Capital Co-CIO Explains Why His Firm Is ‘Very Bullish on Ethereum’
Regulation

Pantera Capital Co-CIO Explains Why His Firm Is ‘Very Bullish on Ethereum’

January 16, 2021
Coinbase User Transfers $463 Million in Bitcoin Leading to Speculation of Institutional Investment
Regulation

Crypto Whale Pays $7 in Fees to Move Over $1 Billion on Ethereum

January 16, 2021
Next Post

Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Finland, Russia Rank Highest in Illegal Bitcoin–Report

Finland, Russia Rank Highest in Illegal Bitcoin–Report

June 7, 2020
Ripple (XRP) Operating While Moving Forward With Bridge Assets For Smooth Exchange of Value

Ripple (XRP) Operating While Moving Forward With Bridge Assets For Smooth Exchange of Value

October 3, 2020

Don't miss it

TRON (TRX) has Better Blockchain Technology with Market Cap of $2.28 Can Compete with PayPal
Crypto News

TRON (TRX) has Better Blockchain Technology with Market Cap of $2.28 Can Compete with PayPal

January 17, 2021
YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000
Regulation

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

January 17, 2021
Bitwise’s Crypto Index Fund Liquidates XRP Position After SEC Sues Ripple
Regulation

Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh

January 17, 2021
Gold Begins Breakdown Against Bitcoin, Triggering 90% Decline On Per Oz Basis
Bitcoin

Bitcoin has 3 Days Before It Reaches Apex of Key Formation

January 16, 2021
Ripple (XRP) Offering What Stable Coins are not able to Offer
Crypto News

Ripple (XRP) Offering What Stable Coins are not able to Offer

January 16, 2021
Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’
Regulation

Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’

January 16, 2021
FindCryptoNews.com

FindCryptoNews is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

Recent News

TRON (TRX) has Better Blockchain Technology with Market Cap of $2.28 Can Compete with PayPal

TRON (TRX) has Better Blockchain Technology with Market Cap of $2.28 Can Compete with PayPal

January 17, 2021
YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

January 17, 2021

Subscribe Now

Loading

© 2020 FindCryptoNews.com - All rights reserved!

No Result
View All Result
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading

© 2020 FindCryptoNews.com - All rights reserved!

  • bitcoinBitcoin(BTC)$34,821.00-6.74%
  • ethereumEthereum(ETH)$1,202.72-0.59%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$0.274979-3.13%
  • cardanoCardano(ADA)$0.36644314.41%
  • litecoinLitecoin(LTC)$139.81-4.15%
  • bitcoin-cashBitcoin Cash(BCH)$474.33-3.58%
  • stellarStellar(XLM)$0.2991004.00%
  • moneroMonero(XMR)$153.77-3.73%
  • eosEOS(EOS)$2.73-2.41%
  • tronTRON(TRX)$0.029631-3.27%
  • nemNEM(XEM)$0.2182100.42%
  • neoNEO(NEO)$22.89-5.36%
  • dashDash(DASH)$123.22-2.75%
  • iotaIOTA(MIOTA)$0.412930-7.21%
  • ethereum-classicEthereum Classic(ETC)$7.51-2.51%