ETC Group Launches Regulated Bitcoin Exchange Traded Product on Deutsche Börse XETRA

ETC Group has launched a bitcoin exchange traded product (ETP) on German stock exchange Deutsche Börse XETRA. The ETC Group Core Bitcoin ETP tracks the institutional-grade Bitcoin price benchmark by CF Benchmarks. The ETP provides primary market liquidity, bridging US, European and Asian spot BTC liquidity during the trading windows used by global, regulated institutional capital. The ETP tackles liquidity issues encountered by institutional investors with existing Bitcoin ETPs due to limited trading hours.

ETC Group Unveils Regulated Bitcoin Exchange Traded Product on Deutsche Börse XETRA

Frankfurt, Germany - ETC Group, a leading provider of cryptocurrency-related exchange traded products (ETPs), has announced the launch of its ETC Group Core Bitcoin ETP on the Frankfurt Stock Exchange's Deutsche Börse XETRA, tailored specifically for long-term investors seeking exposure to the flagship cryptocurrency, Bitcoin.

The new ETP is designed to address the liquidity challenges faced by institutional investors in existing Bitcoin ETPs due to limited trading hours. Utilizing an innovative Tri-NAV methodology, the ETP extends its primary market liquidity window to encompass the active trading periods in the United States, Europe, and Asia.

By providing three price determinations throughout the day, the ETP enhances liquidity across multiple time zones, enabling institutional investors to trade their Bitcoin holdings over an extended period. This extended trading window effectively bridges the liquidity gaps typically encountered in traditional Bitcoin ETPs, offering greater flexibility and opportunity for investors.

"The launch of the ETC Group Core Bitcoin ETP on Deutsche Börse XETRA marks a significant milestone for institutional investors seeking exposure to Bitcoin in a regulated environment," said Bradley Duke, CEO of ETC Group. "This ETP addresses the liquidity limitations of existing products, providing investors with the opportunity to trade Bitcoin during key trading windows around the globe."

The ETP tracks the institutional-grade Bitcoin price benchmark provided by CF Benchmarks, ensuring a reliable and transparent reference rate for investors. With a total expense ratio of 0.30%, the ETP offers competitive pricing for institutional investors.

"This ETP is the first regulated global spot Bitcoin product, providing primary market liquidity to institutional investors during the trading windows used by regulated capital globally," said Guy Hirsch, Managing Director of Global Sales at ETC Group. "By extending liquidity across time zones, we are effectively removing the barriers that have hindered institutional adoption of Bitcoin ETPs."

The ETC Group Core Bitcoin ETP is available for trading on Deutsche Börse XETRA, providing institutional investors with a convenient and accessible avenue to gain exposure to the digital asset class. The ETP is expected to attract significant interest from a wide range of investors, including asset managers, pensions, family offices, and other institutions.

About ETC Group

ETC Group is a leading provider of cryptocurrency-related exchange traded products (ETPs), offering a suite of innovative investment solutions for institutional and retail investors. The company is headquartered in London, with offices in New York, Zug, and Amsterdam. ETC Group's ETPs are listed on major stock exchanges around the world, including the London Stock Exchange, Deutsche Börse XETRA, and SIX Swiss Exchange.