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CoinShares Launches Its First Bitcoin ETP At SIX Date
19/01/2021
Today, the Swiss Stock Exchange welcomes another new ETP issuer. CoinShares is already the second product issuer joining in 2021. CoinShares’ physical bitcoin ETP further enlarges the choice of products with a crypto-currency as underlying at SIX.
CoinShares is the second ETP issuer joining the Swiss Stock Exchange in just a weeks’ time. Their physical bitcoin ETP offers investors exposure to bitcoin in combination with the advantages of Exchange Traded Products, each unit being backed up with 0.001 bitcoin at launch.
“Interest in Bitcoin continues to grow. As the world’s leading regulated marketplace for products with crypto-currency underlyings, SIX offers investors crucial benefits like transparency, liquidity and equal treatment. A warm welcome to CoinShares joining our ranks of Exchange Traded Product issuers”, says Christian Reuss, Head SIX Swiss Exchange, Markets, SIX.