Switzerland’s SIX stock exchange has announced the launch of an ETH exchanged-traded product. March 5 comprised the first trading day for the ETP, which is backed by Swiss company Amun AG. The launch comes one month after SIX announced its intention to launch a blockchain-powered exchange during the second half of this year.
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Trading for Amun Ethereum ETP Goes Live on Swiss Stock Exchange SIX
Switzerland’s primary stock exchange, the Zurich-based SIX, has launched trading for an ethereum exchange-traded product, the Amun Ethereum ETP (AETH). Flow Traders B.V., a liquidity provider specializing in ETPs, will provide market making services for AETH on SIX.
The ETP is backed by Swiss startup Amun AG, a company that claims to have launched “the world’s first listed crypto index product” in the form of the Amun Crypto Basket Index ETP (HODL). The HODL index is also traded on the SIX Swiss Exchange, with Flow Traders again providing…