Cryptocurrency ETPs, BTCE and ZETH Will Be Offered To The Professional Investors From June 1

• BTCetc and ETHetc will be listed on the Euronext Amsterdam stock exchange.
• ETC Group Physical Bitcoin, BTCetc (BTCE) is Europe’s market leading Bitcoin ETP.
• The offered ETCs are 100% physically supported and centrally cleared, high quality products, that offer exceptional liquidity and spread

ETC Group, the leading-edge cryptocurrency-based exchange-traded currencies (ETCs) provider for contemporary portfolios, announced the listing of ETC Group Physical Bitcoin, or BTCetc (BTCE), and ETC Group Physical Ethereum, or ETHetc (ZETH) in U.S. dollar on the Euronext Amsterdam stock exchange. With trade starting from June 1, BTCetc and ETHetc will be the first crypto-based exchange-traded products (ETPs) to be listed on the exchange platform, reported emerce.nl.

ETC Group-Offered ETCs’ Listings

Previously, the ETC bagged an initial listing on the Deutsche Börse, in June 2020, followed by another on the Swiss SIX stock exchange, in early 2021. Along with Amsterdam, the ETCs will also be listed on the Euronext Paris in euros the same day.

An expert in digital asset-based innovative securities development, ETC Group is backed by several major London-based financial institutions, including XTX Ventures and ITI Capital, and the securities are marketed by HANetf. 

Cryptocurrency ETC investment is similar to direct cryptocurrency investment with the legal protections of conventional stocks. These are 100% physically backed. 

BTCetc: The Market-Leading Bitcoin ETP

Currently, BTCetc is Europe’s market-leading Bitcoin ETP, with over $1 billion assets under management growth within just 7 months of its launch. Moreover, it was the top ETP performer for cash flow, daily sales and spreads among all Bitcoin ETPs in the first quarter of 2021.

BTCE and ZETH’s Euronext Amsterdam Listing

Delighted with their achievements and upcoming Euronext Amsterdam listing, ETC Group’s CEO and co-founder, Bradley Duke views it as “one of the most important financial hubs in Europe.” He said that the listing will make the cryptocurrencies “more accessible to local institutional investors.”

BTCE and ZETH are “100% physically supported and centrally cleared – high quality products,” that offer “exceptional” liquidity and spread. Through Euronext Amsterdam listing the assets will be offered to professional investors.

Ritika Sharma

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.