Straightforward access to cryptocurrency
SPONSORED CONTENT
Accessing bitcoin investments through a product which is listed on a recognised stock exchange and is liquid can ease many institutional investor concerns around allocation to this asset class.
“Historically there was a feeling that bitcoin was on the fringes as a target for investment. We couldn’t even refer to cryptocurrencies as an asset class. However, sentiment is changing and products like ours are facilitating this change and enabling it to happen,” observes Bradley Duke, chief executive of ETC Group.
The group launched world s first centrally cleared bitcoin ETC. The product, called BTCetc bitcoin Exchange Traded Crypto (BTCE) is listed on the Deutsche Boerse and SIX stock exchange and is distributed in Europe by HANetf, an independent provider of UCITS exchange-traded funds.
Bradley Duke s BTCetc product has soared since it launched in June 2020. The bitcoin price rise has sent investors flocking towards "access products," he says.