ETC Group to List Bitcoin ETP on Cboe Europe

ETC Group, a provider of institutional-grade crypto-backed securities, announced on Thursday that it will list BTCetc ETC Group Physical Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term (BTCE) on Cboe Europe.

According to the press release, in addition to being listed for trading on Cboe Europe BV, Cboe’s Amsterdam-based exchange, ETC Group Physical Bitcoin will be cleared through SIX X-clear.

A world-class network of Authorized Participants (APs) and Market Makers support BTCE, both in the cryptocurrency and ETP markets. APs ensure tight spreads and on-exchange liquidity, so traders can purchase in any size without worrying about market impact.

In comparison with direct investment in cryptos, ETC Group’s products offer several benefits. ETCs are traded on regulated markets, so investors can trade them just as they would a conventional share through an online broker platform or bank, with the same regulatory protections. Investors do not need a digital wallet Digital Wallet A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi Read this Term or technical knowledge to access the underlying collateral, which is stored in institutional-grade custody.

“As a flagship product, bringing BTCE to Cboe Europe is a logical step as demand for exposure to crypto recovers worldwide. The BTCE listing on Cboe Europe further establishes ETC Group’s leadership position in European domiciled cryptocurrency-backed securities,” Tim Bevan, the Founder and Co-CEO of ETC Group, commented.

Bitcoin ETPs Listed at SIX Swiss Exchange

In March, Fidelity Exchange Traded Products GmbH listed two new Bitcoin ETPs in US Dollars and Swiss Francs on the SIX Swiss Exchange, the platform confirmed in a press release. With the addition of new Bitcoin ETPs, investors now have the option to access 208 products based on 18 digital currencies.

The latest listing by Fidelity on the SIX Swiss Exchange brought the total number of crypto ETP issuers to 10. Moreover, the number of tradeable crypto ETPs reached 133. SIX Swiss Exchange offers trading in a wide range of digital asset products.