New ETN: Crypto basket

CoinShares offers access to a basket of ten coins that is physically deposited. 

24 September 2024, FRANKFURT (Börse Frankfurt). A new crypto ETN from CoinShares has been tradable on Xetra and Börse Frankfurt since today.

The CoinShares Finanzen.net Top 10 Crypto ETP tracks the performance of a basket of the ten largest crypto assets by market capitalisation. The composition of the crypto basket is intended to reflect the biggest trends in the market for digital assets. The ETN currently comprises the following crypto assets: Bitcoin, Ethereum, Solana, Ripple, Cardano, Avalanche, Tron, Chainlink, Polka-dot and Bitcoin Cash. Bitcoin currently accounts for 69 per cent and Ethereum for 23 per cent.

The crypto ETN is physically backed by the respective crypto assets and is centrally cleared and settled by Deutsche Börse Group´s central counterparty, Eurex Clearing AG.

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,225 ETFs, 194 ETCs and 244 ETNs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe..

24 September 2024, © Deutsche Börse AG