Fidelity Investments has launched a physical bitcoin ETP in Europe

Fidelity Investments has launched a physical bitcoin ETP in Europe
фото показано с : coinjournal.net

2022-2-19 19:38

Fidelity Investments has launched a physical bitcoin exchange-traded product (ETP) in what it says is the growing demand for digital assets among European investors. The fund is listed on Frankfurt’s Xetra and shall start trading on Zurich’s Six a few weeks from now.

Fidelity’s ETP comes three months after Invesco launched its bitcoin ETP following the increased interest for cryptocurrency investments among asset managers.

The ETP comes after Fidelity Digital Assets was awarded an official registration by the UK Financial Conduct Authority for its digital trading business and assets custody in late 2021.

Previously Fidelity Digital Assets was listed as a temporary member on FCA’s register but has now been moved to the permanent register of FCA.

In December 2021 Fidelity Investments launched a Canadian-based physical bitcoin ETF, which currently has about $30 million in assets.

Fidelity’s Physical Bitcoin ETP

Fidelity’s Physical Bitcoin ETP shall be available to institutional and professional investors in Europe and shall be domiciled in Germany. However, Fidelity Digital Assets, which is the digital assets arm of Fidelity Investments based in the US shall be the custodian of the ETP.

The head of Fidelity Investments Nick King said that the launch of the ETP was an important step in the company’s ETP offering and the first in offering digital assets products.

The ETP was launched with about $6 million worth of assets and shall have an ongoing charge of 0.75%.

Managing director for Europe at Fidelity Christian Staub said:

“Underlying distributed ledger technology has the potential to revolutionize the financial system over time and disrupt many parts of the financial world with profound implications for investors.”

Fidelity Digital Assets recently conducted a survey that showed that 70% of institutional investors looked forward to investing in digital assets soon. Also over 90% of those who participated in the survey said that they want digital assets that shall have an allocation within the next five years.

The post Fidelity Investments has launched a physical bitcoin ETP in Europe appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95459.71 (+0.37%)
Объем 24H $42.565b
Изменеия 24h: -1.67 %, 7d: -7.55 %
Cегодня L: $94782.14 - H: $95594.07
Капитализация $1890.084b Rank 1
Цена в час новости $ 40187.72 (137.53%)

bitcoin etp fidelity physical investments launched europe

Источник: coinjournal.net

bitcoin etp → Результатов: 126


Фото:

Швейцарский аналог биткоин-ETF стал лидером по объему торгов на бирже SIX

Представленный недавно Amun Crypto Basket ETP стал лидером по объему торгов среди аналогичных продуктов на базе традиционных активов на бирже SIX Swiss Exchange. Об этом сообщает The Block. Этот торгуемый на бирже продукт (Exchange Traded Product, ETP) создан на базе корзины из пяти криптовалют (биткоин, XRP, Ethereum, Bitcoin Cash ABC и Litecoin), взвешенных по рыночной […]

2018-11-27 12:04


Фото:

Huobi Big Data Report: Blockchain Voting for U.S. Military, Switzerland Launches World’s First Crypto ETP

Huobi published its report for the week running from Nov. 11th to Nov. 18th and it is marked by a decrease in digital asset prices. The report also focused on several other issues including the industrial application of blockchain technology, the use of cryptocurrencies by risky personalities, the possibility of paying taxes using cryptocurrencies, and […] Huobi Big Data Report: Blockchain Voting for U.

2018-11-26 12:59


Switzerland’s SIX To Launch Exchange-Traded Product (ETPs) As Alternative To Exchange-Traded Funds

ETPs — Switzerland's Alternative To Exchange-Traded Funds While the entire world is waiting for the US SEC decision regarding Bitcoin ETFs, Switzerland found another solution. The country's financial regulator, FINMA, confirmed that the exchange-traded product will arrive in Switzerland's principal stock exchange tomorrow, on November 21st.

2018-11-20 23:18


Фото:

Швейцарская биржа впервые запустит торговлю криптовалютным ETP

Швейцарская фондовая биржа SIX Swiss Exchange впервые запустит трейдинг криптовалютным биржевым продуктом (Exchange Traded Product, ETP). Новый финансовый инструмент создан для отслеживания индекса, основанного на движениях пяти наиболее ликвидных криптовалют.

2018-11-19 14:23


BCH fork battle over, BCHABC is the winner of the name game while Switzerland approves a Bitcoin-based ETP carrying a ticker $HODL

BCH fork battle over, BCH ABC is the winner of the name game? In an announcement that was a surprise to many Coin Dance, a popular community-driven platform for aggregating data and offering services/statistics regarding Bitcoin and Bitcoin Cash, announced that BCH ABC is the official winner of the race towards the moniker of being […] The post BCH fork battle over, BCHABC is the winner of the name game while Switzerland approves a Bitcoin-based ETP carrying a ticker $HODL appeared first on CaptainAltcoin.

2018-11-19 04:36


Швейцарская биржа запустит аналог биткоин-ETF

Четвертая по величине в Европе биржа SIX Swiss Exchange запустит на следующей неделе финансовый продукт на базе нескольких наиболее ликвидных криптовалют, сообщает Trustnodes. Новый финансовый продукт (Exchange Traded Product, ETP) будет состоять из биткоина (48,13%), XRP (29%), Ethereum (16,39%), Bitcoin Cash ABC (3,74%) и Litecoin (2,74%).

2018-11-18 11:14


Фото:

В Швейцарии запускают первый в мире крипто-ETP

Четвертая крупнейшая в Европе и ведущая в Швейцарии фондовая биржа Six одобрила запуск под тикером Hodl торгуемого на бирже продукта Amun Crypto ETP. Со следующей недели он начнет отслеживать несколько основных криптовалют.

2018-11-18 01:39


Switzerland’s SIX Exchange, Amun To Launch Bitcoin, XRP, Ethereum ETP

The Amun Crypto ETP — Bitcoin, XRP, Ethereum, Bitcoin Cash, Litecoin Included The so-called “SIX Swiss Exchange,” Switzerland’s foremost equity market, has just revealed that it will be giving a green light to the crypto industry’s first exchange-traded product (ETP) that tracks multiple cryptocurrencies (XRP included), Financial Times reports on Saturday.

2018-11-18 00:59


Фото:

Каким был сентябрь для пула 2Miners? Старт добычи ANON, новый бот и 8000 майнеров в онлайне

Звучит страшно, но треть осени уже прошла. В сентябре мы неплохо поработали над производительностью серверов нашего пула для разных монет — Эфириума, Ethereum Classic, Bitcoin Gold Metaverse (ETP) и других.

2018-10-2 16:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Rumble secures $775 million investment from Tether

Rumble partners with Tether in a $775M deal, sparking speculation on future crypto payment integrations. The post Rumble secures $775 million investment from Tether appeared first on Crypto Briefing.

Riot Platforms completes $525M offering to buy Bitcoin

Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.