DGAP-News: Cryptology Portfolio Company Iconic Funds' Physical Bitcoin ETP Listing on Deutsche Börse's Xetra
vom 12.05.2021, 12:40 Uhr
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Cryptology Portfolio Company Iconic Funds' Physical Bitcoin ETP Listing on Deutsche Börse's Xetra
12.05.2021 / 12:40
Corporate News
Malta, 12.05.2021
Cryptology Portfolio Company Iconic Funds' Physical Bitcoin ETP Listing on Deutsche Börse's Xetra
Malta, 12.05.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP, formerly 4UD), a leading European investment company for blockchain- and crypto-related business models, announced its portfolio company, Iconic Funds, will have its Physical Bitcoin ETP (ISIN: DE000A3GK2N1; Ticker: XBTI) listed and begin trading on Deutsche Börse's Xetra on May 12, 2021. The exchange traded product ("ETP"), physically backed by Bitcoin, becomes the most cost-effective way for investors to gain exposure to Bitcoin on Xetra with a total expense ratio of 0.95%. The ETP is issued by Iconic Funds BTC ETN GmbH, a subsidiary of Iconic Funds GmbH (collectively branded as "Iconic Funds"). Iconic Funds GmbH is a joint venture of Cryptology and Iconic Holding GmbH.