CoinShares has announced the launch of a Litecoin backed exchange-traded product (ETF). This development increases the number of crypto-backed investment products launched by CoinShares to seven. Litecoin ETP Listed on Swiss SIX Exchange CoinShares revealed this launch of the Litecoin exchange product on April 6, 2021, and it will be listed using the ticker LITE.Read More origin »
Litecoin, the world’s ninth-largest cryptocurrency by market cap, will soon see an institutional listing in the form of an exchange-traded product (ETP) in Switzerland, as per a press release by crypto investment firm CoinShares today.
Digital-asset investment firm CoinShares has launched an Ethereum based exchange-traded product (ETP). This will be the second ETP to be released by the firm following the launch of its Bitcoin ETP in January.
The new ETP will provide institutions with passive exposure to Ethereum (ETH). According to the firm’s press release, ETHE will be available with roughly $75 million in assets under management (AUM).
CoinShares, a renowned asset manager based in St. Helier, Jersey, is planning to launch an exchange-traded Bitcoin product. A report unveiled this news on January 18, noting that the asset manager’s physical Bitcoin product would go live today, January 19.
CoinShares has announced an exchange-traded product physically backed by bitcoin to entice institutions into Plan B.
The post CoinShares Offers Institutional On-Ramp With Physically-Backed Bitcoin ETP appeared first on Bitcoin Magazine.
Крупнейшая фондовая биржа Швейцарии SIX Swiss Exchange добавила в список торгуемых инструментов биржевой продукт на биткоин от компании по управлению цифровыми активами CoinShares.
massive congrats to our team @CoinSharesCo - starting 2021 off with a 🧨 bang 🧨
our newest exchange traded product (ETP) line launches tomorrow w $200M in AUM
thanks @VildanaHajric for covering the storyhttps://t.
Based in St. Hellier, Jersey, the digital asset manager Coinshares has announced that it will be launching its own exchange-traded Bitcoin product – BITC. The news comes at a time when Bitcoin has undergone a furious upward rally over the past few months.
The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume.
Coinspeaker CoinShares, Blockchain and MKS Partner Creating Gold TokenCoinShares presented the DGLD product that is targeted at both retail and institutional clients, although most of the $20 million gold was digitized for high-net-worth clientele.
Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion.
American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.
While the entire cryptocurrency community is waiting for the approval of a potential bitcoin ETF by the US Securities Exchange and Securities Commission (SEC), investors can now purchase Bitcoin exchange-traded notes, entirely regulated in Sweden.