FUND PERFORMANCE

Deutsche Borse enjoys record turnover due to crypto ETP products

Deutsche Borse enjoys record turnover due to crypto ETP products

The head of Deutsche Börse's ETF segment, Stephan Kraus (pictured), is seeing the extraordinary power of the new range of cryptocurrency ETPs in full flight, with the ETC Group’s bitcoin ETP, launched last June, showing up as the most actively traded ETP in the first quarter of 2021. That product has just been joined by ETC’s Litecoin ETN, the first time litecoin has been available for trading via Xetra and Börse Frankfurt. 

DIGITAL ASSETS

21Shares sees extraordinary growth through Binance and adds new products

21Shares sees extraordinary growth through Binance and adds new products

The appreciation of bitcoin and the successful IPO of Coinbase lie behind the rapid growth of assets at Swiss-based crypto specialists, 21 Shares, says managing director, Laurent Kssis (pictured). “It’s helped tremendously as a recognition that cryptocurrencies are here to stay, he says. “It has wider reaching consequences for the market place.”

DIGITAL ASSETS

ETC Group enjoys one of the most successful launches with its crypto products

ETC Group enjoys one of the most successful launches with its crypto products

Last June saw the launch of a new bitcoin ETP from new issuers ETC Group, working through the HANetf white label platform. That ETP, the BTCetc Physical Bitcoin Exchange Traded Crypto, plus its two crypto siblings, one based on ether and the other on litecoin, have now raised USD1.5 billion in capital, making the arrival of this fledgling firm one of the most successful ever. 

ESG

ESG ETFs continue to pull in the assets

ESG ETFs continue to pull in the assets

Sustainability continues to drive ETF assets, both in bonds and equities and two firms have reported their ESG assets reaching record levels this week, with BlackRock’s iShares Sustainable UCITS EMEA ETF range crossing USD50 billion in assets, with Q1 2021 inflows of USD10 billion almost tripling the pace of asset gathering in the same quarter of 2020, and UBS Asset Management’s Sustainable Development Bank Bonds UCITS ETF reaching USD1 billion in assets.