DE IT

ELTC

LTCetc – ETC Group Physical Litecoin
100 % physically backed, this ETC gives you seamless and pure exposure to the performance of Litecoin while trading on Europe’s largest stock exchanges.
All data as of 6/16/21, 10:30 AM
KID

The Advantages of trading ELTC

Simple trading illustration

Simple trading, with no digital wallet required

Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.
Institutional-grade asset custody illustration

Institutional-grade asset custody

The Litecoin is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.
100 % backed illustration

100 % backed & physical redemption

You are legally entitled to the underlying Litecoin, and you can redeem the ETC for the сryptocurrency, alternatively to selling on exchange.
Regulated and listed illustration

Regulated and listed on major exchanges

Issued in Germany under German regulatory oversight, the ETC’s primary listing is on XETRA, the largest ETF exchange in Europe.

Product

Performance

1M: -
3M: -
AUM: $7,778,786.05
Total Holdings (AUM in Litecoin) 43778.837
Shares outstanding 11,610
Cryptocurrency Entitlement (Litecoin per unit of ELTC)* 0.09948657
Litecoin Price (USD) * 168.75
Price per ELTC (NAV; USD) * $17.22
* Important Note: Values might be outdated the moment you are viewing this website. For accurate pricing information on Litecoin or price of the securities please refer to other official sources.

Key Risks

  1. Investors' capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETC securities are structured as debt securities, not as equity.
  4. ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.

Trading information

Tight spreads and ample liquidity on exchange

World class liquidity providers ensure there is good market depth, tight spreads and ample liquidity available to ensure that investors can enter and exit their position in LTCetc with minimal cost and market impact.

Listings

Exchange Ticker BBG RIC SEDOL ISIN Valoren WKN CCY Listing Date
Deutsche Börse XETRA ELTC GY ELTC.DE BMW2449 DE000A3GN5J9 - A3GN5J EUR 14.04.21
SIX Swiss Exchange ELTC SW ELTCUSD.S BMZ5R68 DE000A3GN5J9 111198508 - USD 25.05.21
SIX Swiss Exchange ELTCGBP SW ELTCGBP.S BMZ5V22 DE000A3GN5J9 111198508 - GBP 25.05.21
SIX Swiss Exchange ELTCCHF SW ELTCCHF.S BMZ5V11 DE000A3GN5J9 111198508 - CHF 25.05.21
Wiener Börse ELTC AV DE000A3GN5J9=VI BN4QCT7 AT DE000A3GN5J9 - A3GN5J EUR 18.08.21

Registered for sale

gbUntited Kingdom
itItalia
deDeutschland
ieIreland
noNorge
nlNederland
fiSuomi
luLuxembourg
atÖsterreich
dkDanmark
seSverige
chSchweiz
esEspaña
mtMalta
czČeská Republika
frFrance
plPolska

Liquidity

Market Makers / Authorised Participants (APs)
Flow Traders B.V.
Jane Street Financial Limited
DRW Europe B.V.
ITI Capital Limited

At all times 100 % backed by Litecoin because LTCetc cannot be created without the collateral being held in safe-custody before creation.

APs provide liquidity in LTCetc on exchange where most investors will buy and sell LTCetc. Investors don’t need to worry about safely storing their investment in Litecoineum via LTCetc as the units are securely held with their broker – just like stocks.

LTCetc can be sold anytime on exchange or redeemed for Litecoin or cash* via an AP or directly with the Issuer. Only APs the Issuer has appointed are allowed to subscribe to LTCetc with the Issuer, and only for Litecoineum. This mechanism ensures that the provenance of all Litecoin has been verified.

For additional investor protection, the Litecoin in the custody account is pledged as security to the investors, and a reputable independent trustee enforces this pledge.

*Certain terms and conditions apply

Performance

Custody

ETC Group partners with the leading Provider of Institutional-Grade Digital Asset-Custody

BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.

Regulated & Certified

Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.

Cold Wallets

By using so-called cold storage, the digital wallets are stored on a platform that is not connected to the internet. This protects the wallets from hacks, unauthorized access, and any other vulnerabilities.

Multi-Signature Security

Digital asset funds are stored using a multi-signature address and can only be accessed by two or more keys, which are held by separate entities. This creates additional layers of security for clients' funds.

Insured

BitGo's $100 million digital asset wallet custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as loss of keys.
Find out more about insurance here.

Product Details

Ticker ELTC
ISIN DE000A3GN5J9
WKN A3GN5J
SEDOL
RIC
TER 2.00%
Trading Currency EUR
Asset Class Cryptocurrency
Underlying Exposure Litecoin
Physical Settlement Yes (Both Creation & Redemption)
Leverage 1:1 (No leverage)
Minimum Investment 1 Unit
Expiry Date Open Ended
Entry Exit Fees* None
Replication Method Physically Allocated Litecoin
* Your broker will charge commissions to trade the ETC like shares
Domicile Germany
Primary Listing XETRA
Issue Date 3/15/2021
Inception Date 22 March 2021
Legal Form Debt Security
Product Structure ETC
UCITS Compliant No
UCITS Eligible Please Contact Us
ISA Eligible Yes
SIPP Eligible Yes
Issuer ETC Issuance GmbH
Custodian BitGo Trust Company
Security Trustee Apex Corporate Trustees (UK) Limited
Administrator Apex Corporate & Advisory Services Lspan
Registrar Clearstream Banking AG

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The value of your investment may go down as well as up and past performance is no indication of future performance. Your capital is at risk.
The products displayed on this website are not available for subscription or purchase by retail investors in your selected jurisdiction. Please contact your broker or financial adviser for further information.

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