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Trade-traded merchandise abound, however crypto continues to be ready for an ETF By Cointelegraph

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Trade-traded merchandise abound, however crypto continues to be ready for an ETF

Swiss SIX Trade, Switzerland’s principal inventory alternate, continues to broaden its crypto merchandise with a brand new (BTC) exchange-traded product, or ETP.

On Jan. 13, SIX launched buying and selling of the BTCetc Bitcoin ETP (BTCE), a brand new crypto ETP product issued by London-based funding agency ETC Group. The newly listed ETP tracks the value of Bitcoin, offering traders with a brand new method to get publicity to the world’s largest cryptocurrency. Every BTCE unit gives holders with a declare on a predefined quantity of BTC.