Deutsche Borse’s electronic trading platform, Xetra launched its first Ethereum-based exchange-traded products (ETPs), ETC Group’s Ethereum exchange-traded commodity (ETC) product (ZETH) and 21Shares’ Ethereum ETP (AETH). Alongside AETH, Xetra will be also listing 21Shares’ Bitcoin Cash (BCH) ETP, after which 21Shares will have 4 ETPs centrally cleared on Xetra. The products are physically backed and listed on the Regulated Market of the Frankfurt Stock Exchange, and clearing will be handled by Eurex Clearing, Deutsche Börse Group’s central counterparty.
The CI Galaxy Bitcoin ETF launched under the symbol BTCX on the Toronto Stock Exchange. The new ETF will join the Purpose Bitcoin ETF (BTCC) and Evolve Bitcoin ETF (EBIT), both of which launched in February.
* The views expressed herein are those of the author and should not be attributed to the International Monetary Fund, its Executive Board or its management.