iShares Becomes New Crypto ETP Issuer at SIX Swiss Exchange
SIX welcomes iShares as the 20th issuer of Exchange Traded Products (ETPs) with crypto-assets as underlyings. iShares lists its inaugural European listed product on Bitcoin. With this launch, iShares lifts the total number of listed crypto products at SIX to 487.
The iShares Bitcoin ETP further expands the range of crypto ETPs available at SIX, offering investors direct access to Bitcoin through a familiar and transparent exchange-traded structure. Each ETP security corresponds to a specific amount of Bitcoin, known as the crypto asset entitlement, and is fully backed by Bitcoin held in cold storage by Coinbase Custody International…