Share this article
Swiss Exchange Lists World's First Active Bitcoin ETP
FiCAS has listed the world's first actively managed bitcoin ETP on Switzerland's SIX exchange.
By Danny Nelson
Updated Sep 14, 2021, 9:36 a.m. Published Jul 28, 2020, 1:28 p.m.
Swiss crypto manager FiCAS AG on Tuesday unveiled what it called the first actively managed bitcoin exchange-traded product (ETP).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- FiCAS AG Chairman Mattia Rattaggi told CoinDesk his firm will manage a Bitcoin Capital Active ETP's portfolio of up to 15 altcoins as determined by market capitalization, liquidity and the rules of its host exchange, the SIX Swiss Exchange.
- Product managers will trade bitcoin against ETH, XRP, BCH, LTC, BNB, EOS, ADA, XLM, XTZ, TRX and exit to Swiss francs, euros and U.S. dollars, according to a July 13 prospectus. Rattaggi said the list could shift based on coin performance.
- Privacy coins will not be allowed in the basket, the prospectus said.
- Bitcoin Capital AG is issuing the ETP.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Market Today: Bitcoin-gold ratio drops to lowest since January 2024
Bitcoin rose since midnight UTC, while remaining locked in the $86,000-$90,000 range. Against gold, however, it's still falling.
What to know:
- Bitcoin's price remains volatile, trading between $86,000 and $90,000, while its ratio to gold hit a low not seen since January 2024.
- Funding rates for several major tokens have turned negative, indicating a buildup of short positions in the futures market.
- Yearn Finance's YFI token dropped nearly 6% after the yield aggregator suffered a $300,000 exploit from a legacy smart contract, its second attack this month.
Top Stories
