LONDON–(BUSINESS WIRE)–ETC Group (www.etc-group.com), Europe’s leading specialist provider of institutional-grade digital asset-backed securities, has announced that it will list its physical-backed BTCetc ETC Group Physical Bitcoin (ticker BTCE) on Cboe Europe, the largest pan-European stock exchange by market share and turnover value.
ETC Group’s BTCetc – ETC Group Physical Bitcoin (BTCE) will be listed for trading on Cboe Europe BV, Cboe’s Amsterdam-based exchange, with trading in euros and clearing performed by SIX x-clear.
BTCE is supported by a network of world-class Authorized Participants (APs) and Market Makers, experienced in cryptocurrency markets as well as ETP markets. The APs ensure liquidity on the exchange and tight spreads, so traders can buy in all sizes without having to worry about market impact.
Tim Bevan, founder and co-CEO of ETC Group comments: “As a flagship product, bringing BTCE to Cboe Europe is a logical step as demand for crypto exposure recovers worldwide. The BTCE listing on Cboe Europe further establishes ETC Group’s leading position in European domestic cryptocurrency-backed securities.”
ETC Group’s products offer several advantages over investing directly in the digital assets they track. Traded on regulated markets, investors can buy and sell the ETCs in the same way as they would when trading conventional stocks through their online brokerage platform or bank and with identical regulatory protections in place. The underlying security is safely stored in institutional custody, and investors do not need a digital wallet or related technical knowledge.
Cryptocurrencies are highly volatile and your capital is at risk. Disclaimer:
– END –
Notes to editors
About ETC Group – www.etc-group.com
ETC Group develops innovative digital asset securities including BTCetc – ETC Group Physical Bitcoin (BTCE) and ETHetc – ETC Group Physical Ethereum (ZETH) which are listed on European exchanges including XETRA, Euronext, SIX, AQUIS UK and Wiener Börse. ETC Group launched the world’s first centrally cleared Bitcoin exchange-traded product (ETP) in June 2020 on Deutsche Börse XETRA, Europe’s largest ETF trading venue. ETC Group is continuously expanding its portfolio of institutional-grade cryptocurrency-backed ETPs, giving investors the opportunity to gain exposure to Bitcoin, Ethereum, Cardano, Solana and other popular digital assets on major European exchanges. ETC Group’s securities are marketed to professional investors by HANetf.
About Cboe Europe – www.cboe.com
Cboe Europe is a leading provider of pan-European infrastructure for equity and derivatives markets. Through exchanges in the Netherlands (Cboe NL) and the United Kingdom (Cboe UK), it operates the largest pan-European exchange by market share and traded value, offering trading in securities from 18 European markets. It also offers affordable European stock market data and equity benchmarks, and operates a pan-European ETP listing market. In September 2021, it launched Cboe Europe Derivatives, which gives participants access to a live, pan-European equity derivatives marketplace through a single access point, creating efficiencies in trading and clearing.
