VIENNA–(BUSINESS WIRE)–ETC Group (www.etc-group.com), Europe’s main specialist supplier of modern, digital asset-backed securities1, broadcasts that it’s itemizing its whole portfolio of market main crypto trade traded merchandise (ETPs) on Austria’s nationwide inventory market.
This will likely be Vienna’s first itemizing of a carbon neutral crypto ETP – BTCetc: ETC Group Bodily Bitcoin (ticker: BTCE) – and the primary itemizing of a Litecoin primarily based ETP – LTCetc: ETC Group’s Bodily Litecoin ETC (ticker: ELTC). ETC Group can be itemizing its Ethereum ETP – ETHetc: ETC Group Bodily Ethereum ETC (ticker: ZETH).
Traded on trade regulated markets, buyers should buy and promote the ETCs in the identical means they’d when buying and selling standard shares, with regulatory protections in place. ETC Group’s institutional-grade crypto trade traded merchandise present establishments in addition to personal buyers the chance so as to add main cryptocurrencies to their portfolios whereas seamlessly buying and selling on regulated markets by way of their standard dealer or financial institution. The cryptocurrencies are 100% bodily backed and central counterparty cleared.
Bradley Duke, CEO of ETC Group mentioned: “We’re delighted to record in Austria and on such a revered inventory trade as Wiener Börse. ETC Group offers publicity to bitcoin, ether, and litecoin by way of our 100% bodily backed cryptocurrency ETPs. Bringing our whole portfolio to the Vienna Inventory Trade continues ETC Group’s management of the crypto ETP market by launching modern digital asset courses for institutional and retail buyers throughout European and world exchanges.”
BTCE, ZETH and ELTC are supported in Europe by a community of world class Authorised Contributors (APs) and Market Makers, skilled in cryptocurrency markets in addition to the ETP markets. The APs guarantee on-exchange liquidity and tight spreads, enabling merchants to buy in all sizes with the tightest spreads within the crypto ETPs market.
BTCE, ZETH and ELTC is issued by ETC Group and distributed by HANetf. The Market Maker on the Vienna Inventory Trade will likely be Lang & Schwarz.
Cryptocurrencies are extremely risky, and your capital is in danger. Disclaimer: https://bit.ly/etcdisc
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NOTES TO EDITORS
About ETC Group
ETC Group ( www.etc-group.com ) is specialised in growing modern digital asset-backed securities and is backed by plenty of main London-based monetary establishments. Shareholders embody corporations akin to XTX Ventures, the enterprise capital arm of digital market-making agency XTX Markets. ETC Group’s securities are marketed by HANetf.
Full disclaimer: https://bit.ly/etcdisc
1 Observe ETC Group’s most traded in response to Bloomberg markets within the interval 30.01-31.07.2021, https://www.boerse-frankfurt.de/en/etfs