Ever since the first cryptocurrency-backed exchange-traded products were launched in the European market in 2018, asset managers have been getting increasingly creative with the kind of exposure they provide to investors. Earlier today, Bitcoin Capital AG announced the launch of two new ETPs on the SIX Swiss Exchange, which will be pioneers in providing the active management of these products.
The FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB) will be actively managed by crypto asset manager FICAS AG, according to a press release. Investors from Switzerland, Liechtenstein, and the European Union (excluding Hungary) will have access to these products.
The statement also noted that active management will help the products
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