CoinShares, Europe’s largest digital asset investment firm, today announced that two of the recently launched physically-backed ETPs have cross-listed on the Euronext exchange in Paris and Amsterdam.
With this latest cross-listing, CoinShares continues to expand its European footprint and will be able to provide a larger investor base with access to digital assets through industry leading, regulated investment vehicles.
• CoinShares Physical Bitcoin ISIN: GB00BLD4ZL17 / WKN: A3GPMN / Fee: 0.98 per cent p.a.
• CoinShares Physical Ethereum ISIN: GB00BLD4ZM24 / WKN: A3GQ2N / Fee: 1.25 per cent p.a.
Frank Spiteri, CoinShares’ Chief Revenue Officer adds “Listing our physical Bitcoin and Ethereum ETPs on Euronext Paris and Amsterdam is another milestone for our CoinShares Physical platform, which has grown to over USD560 million in assets under management after launching in January. The cross-listing will allow us to continue our mission of working alongside clients to provide investors access to cryptocurrencies through investment products. We are excited to expand into these new marketplaces and continue growing the presence of digital assets in Europe.”
Chief Executive Officer at CoinShares, Jean-Marie Mognetti, comments, “We have seen the investor sentiment in Europe shifting in favour of digital assets over the last few years. The institutional demand for our products clearly demonstrates the part cryptocurrencies play in institutional investment portfolios. By listing our physical ETPs in Amsterdam and Paris we’re continuing to put our client’s needs first while also filling a gap in the marketplace. We recently recorded the strongest second-quarter results in CoinShares’ history, and this news, coupled with the recent announcement of our strategic alliance with Invesco Europe, augurs very well for the future of our asset management business.”
The listing of the two ETPs on both Euronext exchanges follows the cross-listing of CoinShares Physical Bitcoin, Ethereum and Litecoin ETPs on Germany’s main market Börse Xetra earlier this year. CoinShares Physical ETPs are now registered for sale in Switzerland, Sweden, Germany, Italy, Austria, Belgium, Luxembourg, Netherlands, Spain, France, Denmark, Finland, Poland and Norway.
