Get in now if you are in the UK and want to invest in derivatives or ETNs based on cryptocurrencies – the UK’s Financial Conduct Authority has banned them. The ban will come into effect on 6 January 2021 but the FCA warns that UK consumers should continue to be alert for crypto-derivative investment scams, writing: “As the sale of derivatives and ETNs that reference certain types of cryptoassets to retail consumers is now banned, any firm offering these services to retail consumers is likely to be a scam”.

The manager of the latest Swiss-based cryptocurrency ETP, listed on the SIX Exchange, describes itself as a cryptocurrency hedge fund, offering discretionary, active management of the top 15 cryptocurrencies.

21Shares, an issuer of crypto Exchange Traded Products (ETP), is bolstering its offering to Swedish and Scandinavian investors via Nordnet Bank’s digital platform for savings and investments.

ETC Group has confirmed the singing os a raft of Authorised Participants to support the liquidity of BTCetc Bitcoin Exchange Traded Crypto (BTCE). 

21Shares has launched a new short bitcoin exchange traded note (ETN) on Xetra and Börse Frankfurt.

European digital asset investment firm CoinShares has become the first asset manager to offer real-time audit capacity on its crypto asset exchange-traded products (ETPs) via Armanino's Real Time Assurance application. 

Wiener Börse, the Vienna Stock Exchange, has become the third exchange venue globally to admit a bitcoin product on its official 'regulated’ market segment. 

The BTCetc Bitcoin Exchange Traded Crypto (BTCE) has reached USD49 million in AUM in less than two months since its launch via the HANetf white-label platform. 

Institutional digital asset custody specialist Komainu is to serve as the custodian of all digital assets held by CoinShares Capital Markets including those used to physically back the XBT Provider family of exchange traded products (ETPs). 
 

The 21Shares Bitcoin ETP is listing on the official market of Deutsche Börse’s Xetra electronic venue from Thursday 2 July 2020.