07.29.2022

ETC’s Bitcoin ETP Lists on Cboe Europe

07.29.2022
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

Related articles

  1. Brenda Hoffman, TMX

    This provides investors with convenient, cost-effective access to digital assets within a regulated framework.

  2. Riviera Maya

    The partnership with Finamex is part of VanEck’s strategy to support the growth of LatAm capital markets.

  3. Trading Europe From ‘Across the Pond’

    Investors are also returning to ex-US bond ETFs for the first time in over a decade.

  4. Amundi Technology has grown each year since the business was set up in 2021.

  5. Post-trade changes, such as the shift to T+1, have introduced new operational challenges for the buy side.