ETC Group appoints Chanchal Samadder as Head of Product

10^th October, 2023. London, UK – ETC Group is pleased to announce the appointment of Chanchal Sammadder as Head of Product to help grow the firm’s existing product suite as well as design and implement institutional-grade investment products.

Chanchal joins ETC Group having covered senior product and strategy positions at abrdn, Lyxor (Amundi), Blackrock, and UBS, where he gained experience in the European ETF / ETP market. As Head of Product, he will be responsible for developing the firm’s global product strategy while also focusing on growing existing products. As a key member of the senior management team, Chanchal will report to CEO Tim Bevan and will be based in London.

Tim Bevan, CEO, ETC Group, commented: “With many years of experience in the European ETF/ETP market and a proven track record of building successful, innovative products, Chanchal is a great addition to ETC Group. He has a deep passion for digital assets and blockchain technology and we’re confident that he will play a key role in managing the company’s existing suite of products as well as developing new product strategy with oversight of all aspects of the product lifecycle.”

Chanchal Sammadder commented: “With the next wave of investment into crypto and digital assets expected to be institutionally led, I’m excited to be joining ETC Group at this pivotal moment for the company and for the industry”.

Important information:

This article does not constitute investment advice, nor does it constitute an offer or solicitation to buy financial products. This article is for general informational purposes only, and there is no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that this article is neither investment advice nor an offer or solicitation to acquire financial products or cryptocurrencies.

Before investing in crypto ETPs, potentional investors should consider the following:

Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors mentioned therein. The invested capital is at risk, and losses up to the amount invested are possible. The product is subject to inherent counterparty risk with respect to the issuer of the ETPs and may incur losses up to a total loss if the issuer fails to fulfill its contractual obligations. The legal structure of ETPs is equivalent to that of a debt security. ETPs are treated like other securities.

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Bitwise is one of the world’s leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies—spanning both the U.S. and Europe.

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