Bringing you live news and features since 2006 

CoinShares launches Polkadot ETP on SIX

Digital ETP issuer CoinShares has announced that their physically-backed Polkadot ETP has been listed on Switzerland’s SIX Swiss Exchange in Zurich. 

The firm writes that the cross-listing of CoinShares Physical Staked Polkadot (Ticker: CDOT) demonstrates the Company’s commitment to providing European investors with access to digital asset markets through regulated means.
 
CDOT’s management fee has been reduced to 0.0 per cent p.a. with a Staking Reward of 5.0 per cent p.a.

The firm writes that its CoinShares’ Staked ETPs are designed to provide simple exposure to proof-of-stake protocols and the rewards for participating in their security. CoinShares says that they are built to allow the Issuer to share staking rewards with investors by reducing the management fee and by increasing the Coin Entitlement of the ETP each day, as staking awards accrue. 
 
Townsend Lansing, Head of Product at CoinShares, says: “The SIX Swiss Exchange was one of the first regulated exchanges in Europe to allow for the trading of digital asset ETPs, and Swiss investors continue to show strong interest in investing in digital assets via listed products. We are excited to list our innovative physical-backed staked Polkadot ETP in Switzerland and provide a wider audience with a means to further involve themselves in the cryptocurrency ecosystem.”
 
 

Latest News

Morgan Stanley Investment Management has announced the launch of an ETF platform with the listing of six Calvert ETFs on..
The UK's HM Treasury has published a note saying that the government will set out ambitious plans to ‘robustly regulate..
Digital asset manager CoinShares has announced that CoinShares Digital Securities Limited, the wholly owned subsidiary and Issuer of the CoinShares..
European white labeller HANetf reports that delighted to announce that Sprott Uranium Miners UCITS ETF (URNM) has now passed the..

Related Articles

ETF
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...
Bitcoin
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...
Captain
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...
Mackenzie
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