A bitcoin exchange-traded product by 21Shares is now listed on leading stock exchanges in three countries: Switzerland, Germany, and Austria. The company offers 11 cryptocurrency exchange-traded investment products in total.

Growing Number of Stock Exchanges List Bitcoin Products

Zug-based 21Shares announced Tuesday that its bitcoin exchange-traded product (ETP) has been admitted to Wiener Börse, the Vienna Stock Exchange. With this latest listing, the company wrote:

The largest exchange in each of the three DACH (Germany, Austria and Switzerland) countries has now admitted a bitcoin ETP. This achievement further demonstrates institutional – and more importantly regulatory – acceptance of this emerging digital asset class.

The 21Shares bitcoin exchange-traded product (ABTC) “are passported into Austria and authorized for distribution for both retail and institutional investors using a familiar and widely accepted financial structure,” the company clarified.

ABTC is trading on the Six Swiss Exchange in USD, EUR, CHF, and GBP. It…

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Source: https://news.bitcoin.com/stock-exchanges-switzerland-germany-austria-bitcoin-etp/