ETC Group Unveils BTC Exchange-Traded Product Listing in Germany

IconCrypto News Terminal25 Apr, 2024

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ETC Group Unveils BTC Exchange-Traded Product Listing in Germany

ETC Group, a leading European crypto asset manager, has unveiled its Bitcoin exchange-traded product (ETP) with the ticker BTC1. The ETP tracks the price of Bitcoin via a Solactive index provided by CF Benchmarks. This ETP is now listed on Deutsche Boerse's Xetra in Germany, making it accessible to a broader range of investors. This move by ETC Group underscores the growing demand for regulated and accessible investment vehicles for cryptocurrency exposure. The ETP offers investors a convenient and secure way to gain exposure to Bitcoin without the need for direct ownership or storage.