ETC Group appoints senior executives as company accelerates on continuous growth
Drew Corbett
MD, Strategy and Global Distribution
Rafael Zanatta
Head of Business Development
[London, 28th June 2021] – ETC Group, Europe’s leading provider of physically-backed cryptocurrency ETCs, has hired ETF veteran Drew Corbett as Managing Director, Strategy and Global Distribution and Rafael Zanatta as Head of Business Development in addition to appointment of DRW as new Authorised Participant.
Drew and Rafael join the team at ETC Group as Managing Director of Strategy and Global Distribution and Head of Business Development, where they will implement the company’s growth strategy across products and markets, extending their global listings. ETC Group has also officially welcomed DRW as an additional Authorized Participant (AP) joining prominent trading firms in the space such as Flow Traders or Jane Street.
With over 20 years of ETF experience, Drew brings with him a wealth of industry knowledge, previously working at ProShare and ProFunds as Head of International Distribution. Prior to that, Drew served as Head of Investment Strategy and Distribution at BetaShares Capital where he was responsible for business development, strategy and distribution.
Rafael brings his vast emerging markets knowledge and over 10 years of experience growing exchange traded products (ETPs), namely during his time at Eurex Exchange, the derivatives arm of Deutsche Börse.
This growing range clearly shows the intent of ETC Group to be the leading crypto ETC provider in Europe.
The dual hire will see Drew and Rafael supporting ETC Group’s ambitions to expand both the product range and market coverage globally.
On joining ETC Group, Drew said:
Having been involved in the evolution of the ETF market since 2001 I have enjoyed a front row seat to the most disruptive investment technology of the past 20 years. Decentralized Finance and Cryptocurrency present a new frontier for the financial markets as did Exchange traded products (ETPs) in the early 2000's.
ETPs will bring regulation, transparency and education to this new frontier. ETC group is well positioned to be at the forefront of the marriage and growth of these progressive financial technologies into the future. I appreciate the new and challenging opportunity with ETC Group.
Rafael, Head of Business Development said:
At ETC Group there is great scope to create more innovative products that bridge the gap between digital assets and traditional financial markets, and I am glad to join the company amidst a hot and growing market.
The past year has already been hugely successful for ETC Group, having featured the most traded Crypto ETP on XETRA to date and expanding our listings to SIX, Euronext and Aquis in the UK, as of the past month.
Bradley Duke, CEO at ETC Group said:
We have big plans at ETC Group and we need quality people to help refine and execute these plans. Both Drew and Rafael have extensive experience in the industry and we’re very excited to have them join the team.
ETC Group has always focused on delivering top notch liquidity for our products and having such a respected trading and technology firm like DRW join as AP is great news for us and for investors in our products.
As of 1st June, ETC Group’s Physical Bitcoin ETC by the ticker symbol BTCE is the first cryptocurrency exchange traded product to be listed on a UK exchange almost 1 year after its primary listing on XETRA becoming the world’s first centrally cleared Crypto ETP. BTCE also recently listed on Euronext Paris and Amsterdam.
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.
