- Eurex introduces Bitcoin ETN Futures, the first step in Eurex’s portfolio of crypto derivatives
- BTCetc™ – ETC Group Physical Bitcoin (ticker: BTCE) is the world’s most heavily traded Crypto ETP 1
- Eurex is the largest derivatives exchange in Europe
ETC Group , Europe’s leading specialist provider of innovative, digital asset-backed securities with over $1 billion AUM 2, announces the debut and live listing of Europe’s first Bitcoin Futures contract on Eurex, Europe’s largest derivatives exchange.
On the launch today of Bitcoin ETN Futures based on @ETC_Crypto's BTCE, here's Randolf Roth, Member of the Executive Board, @EurexGroup, talking about why it's so importanthttps://t.co/Q6hrX5qp7I
— ETC Group (@ETC_Crypto) September 13, 2021
Bitcoin ETN Futures, which has been created and launched by Eurex, is based on ETC Group’s BTCetc™ – ETC Group Physical Bitcoin (ticker: BTCE). The new futures contract, which started trading on 13 September, will trade in Euros and be physically delivered in BTCE, which is 100% backed by bitcoin and can be readily redeemed by any investor for the underlying bitcoin. BTCE launched on Deutsche Börse XETRA in June 2020, and is now listed on multiple European exchanges as well as becoming the first European Crypto ETP product to offset its carbon footprint earlier this year.
“The listing of Bitcoin Futures, based on ETC Group’s leading Bitcoin ETP, marks another major milestone in providing institutions with financial products that allow exposures to crypto on regulated exchanges. The selection of BTCE by Eurex, Europe’s largest derivatives exchange, further establishes ETC Group’s leadership in the crypto ETPs, and is recognition of the quality of our products and their world beating liquidity.”— Bradley Duke, CEO of ETC Group
Bitcoin ETN Futures allows investors to track the price development of Bitcoin in a fully regulated on-exchange environment and based on a transparent price discovery of the underlying BTCE. Structured in a similar way as physical Gold ETCs, with an equivalent physical redemption mechanism in place, Bitcoin ETN futures are centrally cleared like any other derivatives traded on Eurex. Eurex’s standard clearing, netting, and risk management processes thereby come into effect, mitigating counterparty risk and reducing operational costs for market participants.
Source: ETC Group
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
The firm is the first U.S. bank-affiliated asset manager to offer a crypto exchange-traded product.
-
This bring the firm's proprietary VIX index methodology to the bitcoin market.
-
BlackRock's index provides crypto exposure through its bitcoin ETF.
-
Liquid benchmarks underscore maturity of the bitcoin options market.
-
iShares lists its inaugural European listed product on Bitcoin.