ETC Group partners with Germany’s comdirect
Digital ETP issuer ETC Group and HANetf, who market ETC Group’s products, have announced that they have partnered with comdirect to provide retail investors in Germany with savings plans backed by ETC Group’s crypto ETC’s, including the world’s most traded bitcoin ETP.
The firms write that cooperation with comdirect – Eine Marke der Commerzbank AG, one of the top market leaders in the German market for digital asset management - enables plans for investors to regularly save in assets to accumulate long term investments.
Retail investors can now access savings plans on comdirect’s investment platform backed by ETC Group’s market leading crypto ETCs including Bitcoin, Solana, Ethereum, Cardano, Polkadot, Bitcoin Cash, Cardano, Ethereum, Litecoin, Polkadot, Solana and Tezos.
Rene Delrieux, Product Manager Investing comdirect – Eine Marke derCommerzbank AG, says: “The recent expansion of ETC Group's product range goes hand in hand with the high level of investor interest in cryptocurrencies. With immediate effect, our customers can therefore purchase the majority of the ETC Group's crypto offering from us not just as a one-off investment but also as a Savings Plan.”
Bradley Duke, founder and co-CEO of ETC Group, says: “We’re delighted to partner with comdirect, one of the largest retail brokers in Germany, to provide another way for retail investors to access crypto-based securities in a secure and regulated environment. This partnership is further evidence of investment shifts towards cryptocurrency, with retail investors also wanting a range of digital asset options that we’re able to provide through our crypto ETCs covering Bitcoin, Bitcoin Cash, Cardano, Ethereum, Litecoin, Polkadot, Solana and Tezos.”
Andre Voinea, Head of DACH at HANetf says: “2021 was another strong year for cryptos and retail investors now have a wide range of ETCs available on regulated stock exchanges offering exposure. For long-term investors, Saving Plans can be an ideal tool to integrate cryptos into their portfolios. We are proud to have partnered with a reputable partner such as comdirect which will allow us to reach a broad range of investors in Germany.”