Europe's largest provider of exchange-traded products enters the crypto market

  • Leverage Shares, Europe's leading provider of single-stock ETPs, is expanding its product range and, with the listing of four new products on the Swiss stock exchange today, is offering direct access to Bitcoin and Ethereum for the first time. This information comes from a press release obtained by BTC-ECHO.
  • The new issue includes a 3x long ETP for each of the two cryptocurrencies, allowing participation in price gains, and a 3x short ETP for betting on falling prices. Investors can thus react to any market development starting today.
  • “Digital assets have now firmly established themselves in the global market,” says Oktay Kavrak, Head of Communications & Strategy at Leverage Shares. With the new ETPs, the company aims to create transparent, exchange-traded access to the two largest cryptocurrencies by market capitalization.
  • The new crypto ETPs are listed on the Swiss stock exchange, are also available there to German investors, and are traded in US dollars. They are fully collateralized to offer robust protection against defaults and extreme market volatility.
  • Danielle Reischuk, Senior ETFs & ETPs Sales Manager at SIX Swiss Exchange, explains: “We are delighted to welcome Leverage Shares as a new issuer on the SIX Swiss Exchange for the world premiere of its triple leveraged crypto ETPs.”
  • Leverage Shares was founded in 2017 and offers more than 160 ETPs, including both leveraged and unleveraged investments in individual stocks, ETFs, and commodities. The leveraged crypto ETPs could be particularly interesting for experienced crypto traders.

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Eine Quelle: btc-echo.de

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