London-based financial services firm ETC Group will list its entire portfolio of crypto exchange-traded products (ETPs) offering exposure to Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) on Austria’s national stock market. In a Wednesday announcement, the ETC Group said the Wiener Börse, or Vienna Stock Exchange, would be listing three of its crypto exchange-traded products that are “100% physically backed and central counterparty cleared.” These include the firm’s carbon-neutral Bitcoin product, a Litecoin-based product and its Ether ETP. The ETC Group has already made similar listings on stock exchanges in London, Paris, Amsterdam, Zurich and Frankfurt. The ETPs are aimed at allowing investors exposure to crypto with the regulatory protections afforded to traditional stocks. Previously stating that its crypto product was like trading Bitcoin “through an ETP structure,” the firm said its offerings are not the same as an exchange-traded fund, as they’re single asset instruments.
Vienna Stock Exchange will list crypto ETPs from ETC Group
2021-09-03 23:57:51 Primitive Reading
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