The WisdomTree Bitcoin ETP will monitor the worth of the cryptocurrency and is listed on the XETRA market of the Deutsche Boerse
stated it has listed a Bitcoin exchange-traded product (ETP) on the Deutsche Boerse’s XETRA market in Frankfurt.
The asset supervisor and exchange-traded fund (ETF) supplier stated the WisdomTree Bitcoin ETP is designed to supply buyers a easy method to achieve publicity to the worth of Bitcoin, with the ETP monitoring the spot value of the cryptocurrency.
The itemizing in Germany additionally comes because the Securities and Alternate Fee (SEC) mulls whether or not to approve the primary Bitcoin ETF for US buyers as a bull run within the crypto markets continues to attract increasingly more curiosity to the area.
WisdomTree will even be a part of the BTC and so forth Bitcoin Alternate Traded Crypto ETP, which was launched on the XETRA market by ETC Group final June and has seen its belongings beneath administration swell to over US$1bn.
ETC additionally provides the Bodily Ethereum ETC, which tracks the worth of the Ether cryptocurrency, and earlier this week launched the Bodily Litecoin ETC to trace the worth of the Litecoin crypto.