21Shares Bitcoin ETP makes history with London Stock Exchange listing
CryptoNewsTerminal Staff08 Jun, 2024
21Shares Bitcoin ETP makes history with London Stock Exchange listing
The world's leading issuer of crypto exchange-traded products (ETPs), 21Shares, has announced that its 21Shares Bitcoin ETP (ticker: ABTC) has been listed on the London Stock Exchange (LSE). This move allows investors to access Bitcoin in a secure and easy manner. 21Shares Bitcoin ETP is backed by physically-held Bitcoin, offering investors direct exposure to the cryptocurrency's performance. The listing on the LSE is a significant milestone, providing investors with a regulated and transparent way to gain exposure to Bitcoin, without the need for a crypto exchange or digital wallet. Hany Rashwan, CEO of 21Shares, said: "Today's listing on the London Stock Exchange is a major step forward for the Bitcoin ETP market. It brings Bitcoin to a broader audience of investors, and provides them with a secure and easy way to invest in this exciting asset class."
