Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin

Switzerland’s principal inventory alternate, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded merchandise listed. The newest addition, the 21shares Quick Bitcoin, permits traders to revenue from falling costs of the digital foreign money. Different listed crypto merchandise embrace people who observe the value actions of BCH, BTC, ETH, XRP, BNB, and tezos.

Additionally learn: Regulatory Roundup — New US Crypto Tax Invoice, Central Banks Be a part of Forces on Digital Currencies

Latest Addition: An Inverse Product

SIX Swiss Exchange has listed an inverse bitcoin exchange-traded product (ETP) issued by fintech firm Amun AG. The corporate introduced on Thursday that this product “is the primary brief or inverse product of its variety utilizing a digital asset because the underlying for an ETP construction.”

The product “tracks the other efficiency of bitcoin to provide traders a simple, cost-effective and handy solution to achieve publicity in each instructions of…

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