German Exchange Xetra Adds Support for Bitcoin ETP
Main page News, Cryptocurrency
Hot topic
July 1, 2020
290 290

Xetra, Deutsche Börse's digital platform, has just added support for 21Shares' (formerly Amun) publicly traded product (ETP), which is linked to the Bitcoin price, CoinDesk reports. 21Shares managing director Laurent Kssis said:

"The listing on Xetra not only strengthens our current position in Germany but also opens up institutional-grade crypto products to the wider European and international markets."

21Shares representatives hope the ETP listing in the platform will help to open up access to the crypto product to more institutional investors "in European and international markets."

The Deutsche Börse Group controls Xetra and the Frankfurt Stock Exchange, making it the third largest exchange in Europe after the London Stock Exchange and Euronext.

Xetra's share and derivative trading volumes exceeded €150B in May, while this figure reached €300B in December last year.

SIX, Switzerland's largest stock exchange, added in January support for 21Shares' Bitcoin ETP, which allows investors to bet on the fall of the crypto, while the same instrument was added to the Stuttgart Stock Exchange in February.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error