Bitcoin Capital has expanded its crypto asset offerings by launching two new crypto exchange-traded products (ETPs) on the SIX Swiss Exchange. The new products, 1 FiCAS Active Bitcoin ETP and 1 FiCAS Active Ethereum ETP, are actively managed by crypto asset manager FICAS AG, a statement from the company said. Bitcoin Capital is a subsidiary of FiCAS AG, a Swiss-based crypto investment management boutique. The listing is accessible for investments by institutional, professional, and private investors in Switzerland, Liechtenstein, and the EU (excluding Hungary). The company had launched the world’s first exchange-listed actively managed crypto ETP, 15 FiCAS Active Crypto ETP, on the Swiss stock exchange in 2020. “Our purpose is to grant investors safe and easy
Topics:
Fintechnews Switzerland considers the following as important: 6c.) Fintechnews, Bitcoin Capital, Blockchain/Bitcoin, Featured, newsletter
This could be interesting, too:
Vibhu Vikramaditya writes Navigating the Slippery Slope: How Hoover’s Interventions Paved the Way for the Great Depression
Ryan McMaken writes Frédéric Bastiat Was a Radical Opponent of War and Militarism
Douglas French writes Millennials: In Costco We Trust
Joseph T. Salerno writes What Fed “Independence” Really Means
Bitcoin Capital has expanded its crypto asset offerings by launching two new crypto exchange-traded products (ETPs) on the SIX Swiss Exchange.
The new products, 1 FiCAS Active Bitcoin ETP and 1 FiCAS Active Ethereum ETP, are actively managed by crypto asset manager FICAS AG, a statement from the company said.
Bitcoin Capital is a subsidiary of FiCAS AG, a Swiss-based crypto investment management boutique.
The listing is accessible for investments by institutional, professional, and private investors in Switzerland, Liechtenstein, and the EU (excluding Hungary).
The company had launched the world’s first exchange-listed actively managed crypto ETP, 15 FiCAS Active Crypto ETP, on the Swiss stock exchange in 2020.
“Our purpose is to grant investors safe and easy access to digital assets and are convinced that crypto assets will soon be part of the diversification strategy of many investment portfolios.
The two new products with the most relevant cryptocurrencies as underlying may, through their active management, improve the overall portfolio risk by reducing underlying volatility,”
said Dr. Luca Schenk, Chairperson of Bitcoin Capital.
You Might Also Like
German Regulator BaFin Grants Third Crypto Custody License to Tangany
2021-10-10
Tangany has received a license from the German Federal Financial Supervisory Authority (BaFin) as the third regulated service provider for the custody of digital assets in the country to provide crypto custody business. Furthermore, Tangany plans to apply for further licenses in Germany and Europe in the future and has already received preliminary permission from BaFin to manage registers of crypto securities.
Coinbase to Invest US$500 Million Into Crypto Assets
2021-09-21
American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net income into this same portfolio.
MoneyLion to Offer Crypto Investment Ahead of SPAC Merger
2021-09-16
US-based neobank MoneyLion announced the launch of its new cryptocurrency capabilities, enabling customers to buy and sell digital currencies within its app. MoneyLion said that eligible customers will initially be able to buy and sell Bitcoin and Ethereum, as well as round-up their debit card purchases in Bitcoin.
Blockchain-Based Invoice Factoring Firm Hiveterminal Expands to DACH Region
2021-09-15
Blockchain-based invoice factoring platform Hiveterminal announced that it has expanded to the DACH region as part of its Europe growth plans. Hiveterminal aims to start cultivating relationships with Swiss-based small and medium-sized enterprises (SMEs) who need fast and continuous access to liquidity without going through the hassle of applying for bank financing.
Nassim Taleb Now Calls Bitcoin Worthless, Too Volatile to be a Useful Currency or Store of Value
2021-07-23
Not only does bitcoin fail to satisfy the notion of being a currency without a government, but the cryptocurrency is also not a reliable inflation hedge nor a safe haven investment, Nassim Nicholas Taleb, a probability researcher and former quantitative trader, says in a recent paper.
Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021
2021-07-09
Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of 2021. The payments giant reported that it had partnered with 50 leading crypto platforms on card programmes that make it easy to convert and spend digital currency at 70 million merchants worldwide.
AntChain Inks Deal With UEFA EURO to Be Its Official Global Blockchain Partner
2021-06-11
UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of fans around the world.
9 Top-Ranked Crypto Blockchain Project Coins You’ve Probably Never Heard of Before
2021-06-08
Cryptocurrencies have been all the rage this year with total market capitalization surging 132% since the beginning of the year. Given this crypto frenzy, it is quite remarkable how some of the top marketcap ranking firms have eluded mainstream attention.
Tags: Bitcoin Capital,Blockchain/Bitcoin,Featured,newsletter