CoinShares launches an exchange-traded Bitcoin product - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency's wild rally

The CoinShares Physical Bitcoin Product is set to be listed on Switzerland's main stock exchange under the ticker symbol BITC. The dollar serves as its base currency.

Each unit will be physically backed with 0.001 bitcoin, offering investors exposure to the cryptocurrency and the benefits of exchange-traded products. The issuer is Europe's largest digital asset manager with more than $2.9 billion assets under management. It was among the first to kickstart investments in crypto products.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités