We recently reported that Switzerland's principal stock exchange SIX Swiss Exchange will list the world’s first multi-crypto-based exchange-traded product (ETP) - that has now been approved and confirmed! It will launch next week!
A crypto-based ETF would pave the way for institutional investors to participate in the trading of digital currencies without having to take physical possession of the assets.
SIX-Swiss Exchange, Europe’s fourth-biggest exchange with a market capitalisation of $1.6 trillion will list the world’s first crypto Exchange Traded Product (ETP) next week.
Backed by the Swiss startup Amun AG, the first global multi-crypto ETP will be listed under index HODL, and will track five major cryptocurrencies: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
Positive vibes are growing and this is just the start. Well done to our PremiumProgram members who received tip offs about this good news a month ago, and made the necessary trades to capitalise on the bump in market sentiment that this produced.