Bringing you live news and features since 2006 

SEBA to list digital asset ETPs on Euronext

RELATED TOPICS​

SEBA Bank, a fully integrated, FINMA licensed digital asset banking platform, has announced the listing of their digital asset based ETPs on Euronext. 

SEBA Bank’s current ETP offering consists of single-coin tracker certificates with Bitcoin, Ether and Polkadot as underlying instruments as well as the multi-coin SEBAX Crypto Asset Select Index.

These products will be listed in USD at Euronext Amsterdam and in EUR at Euronext Paris. Euronext is one of the leading pan-European market infrastructure providers, operating regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. SEBA writes that with close to 2,000 listed equity issuers and around EUR6.9 trillion in market capitalisation, it has an unmatched blue chip franchise and a strong diverse domestic and international client base.

Listed on the SIX Swiss Exchange since April 2021, SEBA Bank’s ETPs are designed to provide investors with the most secure and cost-effective means to access digital assets without the associated custody and security challenges. The firm writes that SEBAX is a unique combination of professional index methodology and bottom-up research and recently won the prestigious “ETP of the year” award for 2021 in Switzerland. SEBA Bank’s in-house research applies the highest standards and complies with the Swiss Bankers Association research guidelines. All digital assets are selected according to a rigorous process which combines quantitative metrics and in-depth qualitative analysis. 

Gregory Mall, Senior Portfolio Manager at SEBA Bank, says: “Collateralised ETPs are a key development for investing in crypto assets. As an emerging asset class which constantly matures, we see more demand for reliable, easily-accessible and liquid investment vehicles. We believe our products stand out based on the institutional-grade quality, the most competitive pricing in the market and – in the case of the SEBAX ETP – our innovative index engineering. Listing our products at Euronext will significantly increase our distribution capabilities and marks another step in our mission to provide a secure and cost-effective alternative to dealing with private keys and cryptocurrency exchanges. SEBA Bank set out to build a bridge from traditional banking to the digital world. Our product philosophy and exceptional live performance track record of the SEBAX Index reflects this ambition.”

 

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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