ETC Group launches its first Crypto-ETP on an MSCI index the BX Swiss Exchange
The Swiss stock exchange BX Swiss welcomes ETC Group as a new ETP issuer. ETC Group has listed the ETC Group MSCI Digital Assets Select 20 ETP primarily on BX Swiss. The new Crpto-ETP will now be traded alongside a number of other crypto ETPs on BX Swiss. ETC Group's ETP offering provides investors with the opportunity to passively invest in leading crypto stocks.
With the new ETP from ETC Group 67 ETPs from 16 issuers are tradable daily on BX Swiss from 9.00 am to 5.30 pm. The ETC Group MSCI Digital Assets Select 20 ETP (ISIN DE000A3G3ZL3, Ticker: DA20) is the world's first crypto ETP based on an MSCI index. It is physically backed and offers investors a passive investment opportunity in the crypto market. The underlying index comprises the top 20 investable crypto stocks. The ETP aims to replicate as closely as possible the performance of the MSCI Global Digital Assets Select Top 20 Capped Index, before costs and fees. The index is rebalanced quarterly.
ETC Group provides regulated investment products for investing in cryptocurrencies and digital assets. Based in London, the company aims to provide with seamless and efficient investment access to digital assets and the blockchain.
"We are pleased to welcome ETC Group as a new issuer on BX Swiss, offering further innovative ways to invest in the cryptocurrency market.", says Matthias Müller, Chief Commercial Officer of BX Swiss.
"With the listing on BX Swiss investors from Switzerland can now invest even more economically and easily in the only diversified crypto ETP on an index from MSCI: the ETC Group MSCI Digital Assets Select 20 ETP", says Tim Bevan, Chief Executive Officer from ETC Group.
More information about BX Swiss: www.bxswiss.com
Contact for queries:
Claudia Ramondetta, press enquiries
Phone: +41 31 329 40 40
Email: claudia.ramondetta@bxswiss.com
About BX Swiss
BX Swiss AG is an established stock exchange based in Zurich. BX Swiss AG is part of the international Stuttgart Stock Exchange Group and is subject to the Financial Market Infrastructure Act and supervision by the Swiss Financial Market Supervisory Authority FINMA.
BX Swiss offers active investors a trustworthy and secure access to a broadly diversified portfolio of financial products ranging from structured products (deriBX), equities from over 30 markets in Swiss Francs, Wikifolio certificates, ETFs, ETPs on various cryptocurrencies, bonds and funds.
Swiss SMEs find an ideal trading platform at BX Swiss with the exchange trading segment SME Main Market through which they gain access to new investors as well as a diversified shareholder base.
With BX Swiss TV and BX plus, BX Swiss offers its own comprehensive knowledge and content platform, which provides market and stock exchange data in a clear and comprehensible manner, guarantees a high level of transparency, and promotes an interactive exchange.
About ETC Group
ETC Group has been created to provide investors with the tools to access the investment opportunities of the digital assets' and blockchain ecosystem. The company develops innovative digital asset-backed securities including ETC Group Physical Bitcoin (BTCE) and ETC Group Physical Ethereum (ZETH) which are listed on European exchanges including XETRA, Euronext, SIX, AQUIS UK and Wiener Börse.
With a track record of over three years, ETC Group is made up of an exceptional team of financial services professionals and entrepreneurs with experience spanning both digital assets and regulated markets. With product quality and safety at the core of our product creation approach, the company aims to continuously launch best-in-class institutional-grade exchange traded products.
As a company, ETC Group has previously launched BTCE - the world’s first centrally cleared Bitcoin exchange traded product on Deutsche Börse XETRA, the largest ETF trading venue in Europe, and also listed DA20, the world’s first crypto ETP tracking an MSCI index signalling a move towards investment management products. DA20 provides broad market exposure to investors by tracking an index of 20 cryptocurrencies which cover 85% of the total crypto market capitalisation.
For more information visit our website at www.etc-group.com
Contact for queries
Bernhard Schmid, COHESION BUREAU
Phone: +41 44 447 12 12
Email: bernhard.schmid@cohesionbureau.com