ETC Group expands digital asset investment opportunities in Europe with the addition of three new Crypto ETCs on SIX

ETC Group expands digital asset investment opportunities in Europe with the addition of three new Crypto ETCs on SIX

ETC Group adds Avalanche, Cosmos and Polygon backed investment products to its existing portfolio of Exchange Traded Cryptocurrencies (ETCs) which include BTCE, the world’s most traded crypto Exchange Traded Product (ETP)

24March, 2022. London, UK - ETC Group (etc-group.com), Europe’s leading specialist provider of institutional-grade digital asset-backed securities, announces today the listing of three new ETCs on the SIX Swiss Exchange.

The new crypto ETCs, which" will be marketed and distributed by HANetf and available in both CHF, EUR, USD and GBP, are:

  • AVAXetc - ETC Group Physical Avalanche (Ticker: AVAL)
  • ATOMetc - ETC Group Physical Cosmos (Ticker: ATME)
  • MATICetc - ETC Group Physical Polygon (Ticker: MTCE)

The new cryptocurrencies join the company’s suite of institutional-grade crypto exchange traded products including Bitcoin, Ethereum, Solana, Cardano, Polkadot and Litecoin that trade on SIX. The three ETCs will also be listed on Deutsche BörseXetra at the beginning of April, as will UNIetc - ETC Group Physical Uniswap (Ticker: USWA). AVAXetc - ETC Group Physical Avalanche will have the same ISIN however will have a different ticker (EVAL) on Xetra.

Bradley Duke, Founder and co-CEO of ETC Group said:

While our Bitcoin based ETC continues to lead the global market, being the most traded crypto ETP, investors are increasingly interested in adding some of the newer, innovative cryptocurrencies to their portfolios - especially those amassing large market cap. The addition of these new ETCs offers these investors high quality, physically backed digital assets, underpinned by our partnerships with world-class liquidity providers to deliver high liquidity and tight trading spreads.

Hector McNeil co-Founder and co-CEO at HANetf:

We are delighted to partner with ETC Group again to offer new products to the existing suite of exchange traded cryptocurrencies. ETC Group has established itself as a market leader in offering investment products focused on crypto assets. Interest in exchange traded cryptocurrencies has been booming as they provide investors with a safe and liquid way to gain exposure to digital assets.

Crypto ETCs provide investors with significant benefits over direct investment in digital assets, including:

1/ Easy way to invest

Investors can buy and sell like any stock or ETF through their regular broker or bank. No need to engage with the technical challenges of setting up a cryptocurrency wallet, products have a ticker and ISIN and can be added to an investor’s conventional stock portfolio.

2/ Institutional-grade asset custody

The underlying digital asset is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk, a common feature for physical ETC structures.

3/ 100%% physically backed redemption

Investors are legally entitled to the underlying digital asset, and can redeem the ETC for the сryptocurrency, alternatively to selling on exchange, hence providing pure exposure to the underlying.

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.

About ETC Group

ETC Group has been created to provide investors with the tools to access the investment opportunities of the digital assets' and blockchain ecosystem. The company develops innovative digital asset-backed securities including ETC Group Physical Bitcoin (BTCE) and ETC Group Physical Ethereum (ZETH) which are listed on European exchanges including XETRA, Euronext, SIX, AQUIS UK and Wiener Börse.

With a track record of over three years, ETC Group is made up of an exceptional team of financial services professionals and entrepreneurs with experience spanning both digital assets and regulated markets. With product quality and safety at the core of our product creation approach, the company aims to continuously launch best-in-class institutional-grade exchange traded products.

As a company, ETC Group has previously launched BTCE - the world’s first centrally cleared Bitcoin exchange traded product on Deutsche Börse XETRA, the largest ETF trading venue in Europe, and also listed DA20, the world’s first crypto ETP tracking an MSCI index signalling a move towards investment management products. DA20 provides broad market exposure to investors by tracking an index of 20 cryptocurrencies which cover 85% of the total crypto market capitalisation.

Trading Information

Product Name
Exchange
Ticker (BBG)
ISIN
SEDOL
WKN / Valoren
Currency
Listing Date
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A27Z304
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
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Ticker (BBG)
SEDOL
ISIN DE000A3GVKY4
Valoren
WKN
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22-07-2024
Ticker
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Ticker (BBG)
SEDOL
ISIN DE000A3GMKD7
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A3GN5J9
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A3GVKZ1
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A3GYNB0
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A3G90G9
Valoren
WKN
WKN / Valoren /
22-07-2024
Ticker
Listing date:
Ticker (BBG)
SEDOL
ISIN DE000A4AER62
Valoren
WKN
WKN / Valoren /
22-07-2024

Contact

General Inquiries info@etc-group.com
Institutional investors institutional@etc-group.com
Press Inquiries media@etc-group.com

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