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Iconic Holding: Iconic Funds Physical Bitcoin ETP (Ticker: XBTI) Listing on Deutsche Börse s Xetra
FRANKFURT, GERMANY / ACCESSWIRE / May 12, 2021 / Iconic Funds Physical Bitcoin ETP (ISIN: DE000A3GK2N1; Ticker: XBTI) will be 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 ).
Structured as a traditional ETP, comparable to Xetra Gold, the Bitcoin ETP aims to remove the technical complications of investing in and holding Bitcoin for investors in an industry-leading cost-effective manner. Each fully Bitcoin-collateralized Note of the ETP represents a claim on a specified amount of Bitcoin, less applicable fees. With the confirmation of listing on Xetra, th
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DGAP-News: Cryptology Asset Group PLC: Cryptology Portfolio Company Iconic Funds Physical Bitcoin ETP Listing on Deutsche Börse s Xetra
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 G
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