Bitcoin

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ETPs are the most popular way for European institutional investors and wealth managers to invest in bitcoin, says new study

ETPs are the most popular way for European institutional investors and wealth managers to invest in bitcoin, says new study

New research from ETC Group the company behind the BTCetc - Bitcoin Exchange Traded Crypto (BTCE), a physically backed bitcoin ETP which is listed on the Deutsche Boerse XETRA and SIX stock exchanges, and passported for sale across Europe, reveals that exchange traded products (ETPs) are the most popular way for European institutional investors and wealth managers to gain exposure to bitcoin.

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Tesla’s USD1.5bn bitcoin purchase fuels huge spike in trading in Europe’s top bitcoin ETP

Tesla’s USD1.5bn bitcoin purchase fuels huge spike in trading in Europe’s top bitcoin ETP

Since Tesla’s USD1.5 billion purchase of bitcoin on Monday this week, between 8 and 9 February (Monday and Tuesday), USD171.523 million was traded in BTCetc Bitcoin Exchange Traded Crypto (ticker BTCE), a leading Bitcoin ETP, which is listed on Deutsche Boerse and the SIX stock exchanges and passported for sale across Europe.