The Swiss-based issuer of exchange-traded products, nxtAssets, has recently unveiled two new ETPs on the renowned SIX Swiss Exchange. One of these ETPs is linked to Bitcoin, while the other tracks Ethereum. This move solidifies nxtAssets as the 18th crypto ETP issuer on the exchange, which currently boasts a total of 184 crypto ETPs. Bitcoin holds the lion’s share at 44.3%, with Ethereum following at 8.16%.
The Rise of Crypto ETPs on SIX Swiss Exchange
Since the start of the year, trading volume on the exchange has surged to 1.15 billion Swiss francs, reflecting a substantial 28.5% increase compared to the previous year. The SIX Swiss Exchange, a significant Swiss trading platform, is gaining more traction in the crypto space. Notably, the Swiss National Bank (SNB) has revealed intentions to conduct a wholesale central bank digital currency (CBDC) pilot on this very exchange.
The Growing Trend of Crypto ETP Listings
In addition to nxtAssets, other prominent asset management firms like Bitwise, 21Shares, and WisdomTree have also chosen the SIX Swiss Exchange as a platform to list their crypto ETPs. This trend underscores the increasing acceptance and adoption of crypto investment products within traditional financial markets.
SEO Tags:
#Crypto ETPs, #SIX Swiss Exchange, #Bitcoin and Ethereum ETPs