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CoinShares Launches New Physically-backed Bitcoin Exchange Traded Product (ETP)
Leading Digital Asset Manager Expands its Product Portfolio with a Bitcoin ETP Built on its New Institutional-Grade Platform
ST. HELIER, Jersey, Jan. 19, 2021 /PRNewswire/ CoinShares, Europe s largest digital asset manager with over $2.9 billion in assets under management , today announced the launch of a new physically-backed ETP,
CoinShares Physical Bitcoin (Ticker: BITC). BITC will be the first product released on CoinShares new institutional-grade ETP platform and will launch with significant assets under management. Each unit of BITC is backed with 0.001 bitcoin at launch, providing investors with passive exposure to Bitcoin and the convenience of an exchange traded product. ....

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