Market Analysis

ETC Group Lists All Its Crypto ETPs On Vienna Stock Exchange.

ETC Group is listing all its cryptocurrency ETPs [Exchange-traded Products] on the Vienna stock exchangethe firm revealed within an official statement.

The London-based cryptocurrency securities provider will list Vienna’s first carbon-neutral crypto ETP, the primary physical bitcoin ETP, the first litecoin ETP, and an ethereum ETP, consistent with the statement.

The three ETPs are 100% physically backed, CEO Bradley Duke outlined.

ETPs are rolling out over Europe in recent months, with leading investment banks like Goldman Sachs as well as Bank of America involved within the settling process.

ETC Group has thus far launched its ETPs in London, Paris, Amsterdam, Zurich, and Frankfurt.

The products are going to be distributed by London-based ETP provider HANetf, and therefore the market maker on the Vienna exchange will be Lang & Schwarz.

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