ETC’s Bitcoin ETP Lists on Cboe Europe

ETC’s Bitcoin ETP Lists on Cboe Europe

ETC Group, Europe’s leading specialist provider of institutional-grade digital asset-backed securities, has announced that it has listed its physically-backed BTCetc ETC Group Physical Bitcoin (ticker BTCE) on Cboe Europe, the largest pan-European stock exchange by market share and value traded.

ETC Group’s BTCetc – ETC Group Physical Bitcoin (BTCE) has been listed to trade on Cboe Europe BV, Cboe’s Amsterdam-based exchange, with trading taking place in Euros and clearing carried out by SIX x-clear.

BTCE is supported by a network of world class Authorised Participants (APs) and Market Makers, experienced in cryptocurrency markets as well as the ETP markets. The APs ensure on-exchange liquidity and tight spreads, enabling traders to purchase in all sizes without having to worry about market impact.

Tim Bevan, Founder and co-CEO of ETC Group comments:

As a flagship product, bringing BTCE to Cboe Europe is a logical step as demand for exposure to crypto recovers worldwide. The BTCE listing on Cboe Europe further establishes ETC Group’s leadership position in European domiciled cryptocurrency-backed securities.

Source: ETC

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