Overview of the New ETPs
Bitcoin Capital AG has once again stepped into the spotlight with the launch of two innovative exchange-traded products (ETPs) on the SIX Swiss Exchange. The FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB) are set to revolutionize the way Swiss, Liechtenstein, and European Union (except Hungary) investors engage with digital assets.
Who Can Invest?
For those ready to dive into the world of cryptocurrencies, good news: both institutional and private investors can access these new ETPs through their banks or brokers. Investing in these digital goldmines can now feel as familiar as buying stocks or bonds—because who doesn’t love a diversified portfolio?
Quote from the Experts
“Our purpose is to grant investors safe and easy access to digital assets and are convinced that crypto assets will soon be part of the diversification strategy of many investment portfolios,” says Dr. Luca Schenk, chairman of Bitcoin Capital AG.
The Timing Couldn’t Be Better
With Bitcoin’s price flirting with record highs—recently hitting $68,789.63—interest in cryptocurrencies is soaring. Ether (ETH) is also gaining traction, making these ETPs particularly enticing. The expansion of Bitcoin Capital AG’s offerings seems well-timed to capture this growing interest from all types of investors.
What are ETPs Exactly?
For the uninitiated, ETPs are derivative securities that trade based on various investment instruments rather than being typical crypto ETFs, which are rigorously backed by actual assets. This distinction is essential for investors considering dipping their toes in the crypto waters.
A Historical Perspective
Since the launch of the first crypto ETP on the same Swiss SIX Exchange back in late 2018, the landscape has changed significantly, with several crypto ETPs emerging over the years. Amun’s Crypto Basket ETP (HODL) was the trailblazer, tracking five major cryptocurrencies and expanding options for investors seeking to enter the crypto space.
More New Arrivals to Come?
As we see more developments in this arena, the crypto investment world may evolve quickly. With Bitcoin Capital AG previously rolling out the Bitcoin Capital Active ETP in July, it seems this is just the beginning, and we can only speculate what exciting products await investors.
+ There are no comments
Add yours