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…