LATEST: Bitcoin Exchange Traded Product Debuts on Germany’s Deutsche Börse

ETC Group has introduced the ETC Group Core Bitcoin ETP (BTC1) on Deutsche Börse Xetra, marking a significant advancement in cryptocurrency investment products. Specifically designed for long-term, benchmark-conscious investors, BTC1 boasts an unprecedented liquidity framework that spans multiple time zones, integrating U.S., European, and Asian Bitcoin spot markets. This new ETP, part of ETC Group’s extensive range that includes Europe’s largest crypto ETP, offers a low Total Expense Ratio of 0.30%, enhancing cost-efficiency for institutional investors.

The launch of BTC1 is a landmark in providing regulated, global spot Bitcoin access, underpinned by the CF Benchmarks, the gold standard for Bitcoin price determination used by major U.S. spot ETFs and CME Futures. With a unique Tri-NAV methodology, BTC1 offers broader market liquidity beyond traditional exchange hours, promising enhanced price accuracy and risk management for global investors. Tim Bevan, CEO of ETC Group, emphasizes, “BTC1 sets a new industry standard, uniquely catering to the liquidity and security needs of institutional investors in the evolving digital asset landscape.”

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