EQONEX launches its first crypto-linked exchange-traded product
— Launches, Exchange, Statements, Cryptolinked, Custody, Exchangetraded, Eqonex, Bitcoin, Digital, Products — 1 min read
EQONEX Bitcoin Exchange Traded Note (ETN) launches on Deutsche Börse XETRA Exchange today. Bitcoin ETN (Ticker: EQ1B) offers investors direct exposure to bitcoin via an exchange-traded product. Free redemptions for the underlying bitcoin and low management fees. Underlying Bitcoin is stored in the group's accredited custody provider, Digivault, which is one of only 35 exchange or custody providers to hold this accreditation. The ETN is available only to German-resident investors, with a pipeline of crypto investment and structured products earmarked for launch in the second half of 2022. The company's digital assets ecosystem is designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security they are accustomed to in traditional financial markets Source