ETC Group to List Bitcoin ETP on Cboe Europe

by Felipe Erazo
  • The ETP will be traded under the ticker BTCE.
  • It will be listed on the largest pan-European stock exchange by market share.
bitcoin

ETC Group, a provider of institutional-grade crypto-backed securities, announced on Thursday that it will list BTCetc ETC Group Physical Bitcoin (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 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.

ETC Group, a provider of institutional-grade crypto-backed securities, announced on Thursday that it will list BTCetc ETC Group Physical Bitcoin (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 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.

About the Author: Felipe Erazo
Felipe Erazo
  • 1036 Articles
  • 42 Followers
About the Author: Felipe Erazo
Felipe earned a degree in journalism at the University of Chile with the highest honour in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. In addition, he has been working as a freelance writer and Forex/crypto analyst, with experience gained from several forex broker firms and crypto-related media outlets around the world. He has been involved in the world of online forex trading since 2010 and in the crypto sphere since 2015.
  • 1036 Articles
  • 42 Followers

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