HomeCoinsLitecoin (LTC)FiCAS Subsidiary Bitcoin Capital Lists Actively Managed Bitcoin, Ethereum ETPs in Switzerland

FiCAS Subsidiary Bitcoin Capital Lists Actively Managed Bitcoin, Ethereum ETPs in Switzerland

- Advertisement -

FiCAS Subsidiary Bitcoin Capital Lists Actively Managed Bitcoin, Ethereum ETPs in Switzerland

Bitcoin Capital, a subsidiary of Zug, Switzerland-based investment manager FiCAS, has listed actively managed exchange-traded products (ETPs) that offer exposure to bitcoin and ether on the SIX Swiss Exchange.

  • Through active management, the products are designed to counter the price volatility inherent in crypto assets, Bitcoin Capital said Thursday.
  • The 1 FiCAS Active Bitcoin ETP and 1 FiCAS Active Ethereum ETP are available to institutional, private and professional investors in Switzerland, Liechtenstein and European Union countries other than Hungary.
  • Investors will be able to access the products through their bank or broker just as they would investments such as equities or bonds, according to Bitcoin Capital.
  • The listings follow that of FiCAS’s actively-managed crypto ETP last year, which traded bitcoin against a range of other crypto assets, including ether, bitcoin cash and litecoin.
  • Increasing awareness of crypto assets has driven the release of exchange-traded products in recent months as institutional investors seek exposure to the sector. While exchange-traded funds (ETFs) that invest directly in crypto have yet to be permitted in the U.S., other jurisdictions have been more sanguine. Among others, WisdomTree has listed bitcoin and ether products in Switzerland, and the EU and Canada also allows them.

Read more: 21Shares to List Europe’s First Polygon ETP in Paris, Amsterdam

Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,561FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 41,880.00
ethereum
Ethereum (ETH) $ 3,147.76
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 380.24
litecoin
Litecoin (LTC) $ 141.73
eos
EOS (EOS) $ 2.81
okb
OKB (OKB) $ 25.20
tezos
Tezos (XTZ) $ 4.07
leo-token
LEO Token (LEO) $ 3.69
cardano
Cardano (ADA) $ 1.47
monero
Monero (XMR) $ 203.83
stellar
Stellar (XLM) $ 0.253184
chainlink
Chainlink (LINK) $ 22.80
huobi-token
Huobi Token (HT) $ 9.85
tron
TRON (TRX) $ 0.068713
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 129.48
neo
NEO (NEO) $ 24.54
iota
IOTA (MIOTA) $ 1.10
nem
NEM (XEM) $ 0.113328
zcash
Zcash (ZEC) $ 130.98
maker
Maker (MKR) $ 2,078.63
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 33.47
vechain
VeChain (VET) $ 0.073527
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 43.57
kucoin-shares
KuCoin Token (KCS) $ 20.27
waves
Waves (WAVES) $ 13.32