Share this article
CoinShares Issues Three Crypto ETNs on Deutsche Boerse
The three CoinShares ETNs are tracking bitcoin, ethereum and litecoin.
By Ian Allison
Updated May 9, 2023, 3:20 a.m. Published Jun 7, 2021, 10:00 a.m.
CoinShares, a London-based cryptocurrency investment fund, is the latest issuer of crypto exchange-traded notes (ETNs) on Deutsche Boerse’s Xetra market.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
CoinShares ETNs tracking bitcoin, ethereum and litecoin will allow investors to gain exposure to those coins without the need to set up a crypto wallet.
In June of last year, Deutsche Börse claimed a first when it introduced trading in centrally cleared crypto products. The Frankfurt-based exchange now offers a choice of some 15 ETNs from six providers on bitcoin, bitcoin cash, ethereum and litecoin.
Central clearing is a tool used in the European derivatives market to bolster stability by ensuring a financial institution takes on counterparty credit risk.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote
The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.
What to know:
- Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
- Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits.
- Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.
Top Stories
