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0.80%ETC Group to List Crypto ETPs on Vienna Stock Exchange
The three exchange-traded products are 100% physically backed, said the CEO.
ETC Group is listing all its crypto exchange-traded products on the Vienna stock exchange, the company said in a statement.
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- The London-based crypto securities provider will list Vienna’s first carbon-neutral crypto ETP, the first physical bitcoin ETP, the first litecoin ETP and an ethereum ETP, according to the statement.
- The three ETPs are 100% physically backed, CEO Bradley Duke said.
- ETPs have been rolling out over Europe in recent months, with major investment banks like Goldman Sachs and Bank of America involved in the settling process.
- ETC Group has so far launched its ETPs in London, Paris, Amsterdam, Zurich and Frankfurt.
- The products will be distributed by London-based ETP provider HANetf, and the market maker on the Vienna exchange will be Lang & Schwarz.
Read more: ETC Group to List First Bitcoin ETP in London on the Aquis
Eliza Gkritsi
Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI, having previously covered mining for two years. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She owns 25 WLD. She tweets as @egreechee.
