SIX Swiss Exchange, a Swiss stock exchange, has begun handling Listed Investment Products (ETP) of ETHERIUM ($ ETH) .
This ETP is named AETH, in products that the country onset of startup Amun AG is performing the offer, the company has other “HODL” and was waiting the major encryption currency 5 stocks also hit the ETP of Bitcoin “ABTC “We also offer.
ETP is an investment product that tracks price movements of specific assets and economic indicators, and AETH and ABTC are linked to price transitions of ETH and BTC, respectively.
The major merit of these investment products is that they are listed on major stock exchanges, so they can be integratedly managed together with other asset classes, not via cryptographic asset exchanges.
HODL is weighted by BTC, ETH, XRP (currency of ripple), BCH (Bitcoin cache), LTC (light coin) with market capitalization, and obtains exposure to the cryptographic asset market simply from SIX Swiss Exchange It has become a product to be.
Last year Circle Invest and others announced market investment products like HODL, but Switzerland achieved a listing of ETP on the major stock exchanges ahead of other countries.
The fact that Financial Market Supervision Bureau “FINMA” which is a government agency in Switzerland is very friendly to the enforcement of crypto-currency related laws is also famous worldwide, last year announced ICO related guidelines I will.
Swiss Financial Market Supervision Bureau FINMA Announces Guidelines on ICO – CRYPTO TIMES
Article Source: Amun Ethereum ETP
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Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/six-swiss-exchange-amun-ethereum-etp/
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