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ETC Group to List Crypto ETPs on Vienna Stock Exchange

The three exchange-traded products are 100% physically backed, said the CEO.

Updated Sep 14, 2021, 1:41 p.m. Published Aug 18, 2021, 9:48 a.m. 1 min read
Vienna, Austria

ETC Group is listing all its crypto exchange-traded products on the Vienna stock exchange, the company said in a statement.

  • The London-based crypto securities provider will list Vienna’s first carbon-neutral crypto ETP, the first physical bitcoin ETP, the first litecoin ETP and an ethereum ETP, according to the statement.
  • The three ETPs are 100% physically backed, CEO Bradley Duke said.
  • ETPs have been rolling out over Europe in recent months, with major investment banks like Goldman Sachs and Bank of America involved in the settling process.
  • ETC Group has so far launched its ETPs in London, Paris, Amsterdam, Zurich and Frankfurt.
  • The products will be distributed by London-based ETP provider HANetf, and the market maker on the Vienna exchange will be Lang & Schwarz.

Read more: ETC Group to List First Bitcoin ETP in London on the Aquis

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(CoinDesk)

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  • Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...