Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

ETC Group’s total assets surpass USD1.5 billion

European digital currency issuer ETC Group has announced that its total AUM has reached USD1.5 billion, with its bitcoin ETP enjoying assets of over USD1.3 billion.

The firm writes that their growth has come in just 16 months and that research released this month by CryptoCompare shows that BTCE is the most traded listed crypto ETP with average daily trading volumes of USD26.3 million, more than seven times its nearest competitor.

Bradley Duke, CEO of ETC Group says: “ETC Group’s leadership position is testament to the focus we have on delivering the highest quality crypto exchange traded products, and ensuring that we partner with the industry’s leading market makers, custodians, and exchanges to provide both retail and institutional investors highly liquid, transparent, regulated and secure exposure to the world’s leading cryptocurrencies. We’re delighted to be leading the charge for Europe, whose regulatory regime, multiple exchanges across different countries, and investor awareness has put it at the forefront of exchange traded cryptocurrency investment.”

ETC Group now lists Bitcoin, Ethereum, Litecoin and Bitcoin Cash ETCs across multiple exchanges in Europe and is planning to expand its suite of products to meet investor demand for digital asset-backed investments on Europe’s financial markets.
 

Latest News

Ossiam has announced the launch of a new ETF, the Ossiam Shiller Barclays CAPE Global Sector Value, listed on five..
VettaFi has announced that it is conducting a consultation with market participants on potential modifications to constituent criteria and weightings..
ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..

Related Articles

We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by