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Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes
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cointelegraph.comNasdaq Stockholm has announced that 21Shares has listed their first two physically backed exchange-traded notes (ETNs) on the Swedish trading platform.
The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt security that tracks an underlying index of equities and trades on a major exchange.
According to the announcement, the new ETNs will provide investors access to investment opportunities in cryptocurrencies such as Bitcoin and Ether.
Helena Wedin, European head of exchange traded products at Nasdaq, says that exchange-traded notes allow one to invest in non-traditional assets while maintaining the transparency of a regulated market. She adds that
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