▲ 6 points
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"ETC Group’s bitcoin exchange-traded crypto (ETC) has become the first cryptocurrency ETP to pass the $100m assets under management (AUM) barrier just four months after launch."
See
- https://www.etfstream.com/news/etc-group-s-bitcoin-etp-crash...
"Swiss SIX Exchange, Switzerland’s principal stock exchange, continues to expand its crypto products with a new Bitcoin (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.
ETC Group specializes in building new digital asset-backed securities and is backed by shareholders like XTX Markets’s venture capital arm XTX Ventures and financial services firm ITI Capital."