London, UK. 28 July 2022 - ETC Group ( www.etc-group.com ), Europe's leading specialist provider of institutional-grade digital asset-backed securities, has announced that it has listed its physically-backed BTCetc ETC Group Physical Bitcoin (ticker BTCE) on Cboe Europe, the largest pan-European stock exchange by market share and value traded.
ETC Group's BTCetc - ETC Group Physical Bitcoin (BTCE) has been listed to trade on Cboe Europe BV, Cboe's Amsterdam-based exchange, with trading taking place in Euros and clearing carried out by SIX x-clear.
BTCE is supported by a network of world class Authorised Participants (APs) and Market Makers, experienced in cryptocurrency markets as well as the ETP markets. The APs ensure on-exchange liquidity and tight spreads, enabling traders to purchase in all sizes without having to worry about market impact.
Tim Bevan, Founder and co-CEO of ETC Group comments:
As a flagship product, bringing BTCE to Cboe Europe is a logical step as demand for exposure to crypto recovers worldwide. The BTCE listing on Cboe Europe further establishes ETC Group's leadership position in European domiciled cryptocurrency-backed securities.
ETC Group's products offer several benefits over investing directly in the digital assets they track. Traded on regulated markets, investors can buy and sell the ETCs in the same way they would when trading conventional shares through their online broker platform or bank and with identical regulatory protections in place. The underlying collateral is securely stored in institutional-grade custody, and investors do not require a digital wallet or related technical knowledge.
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