- Independent research by CoinShares shows over half of all institutional weekly inflows to crypto ETP products in Europe come to ETC Group
- ETC Group’s Bitcoin ETC (ticker BTCE) is the world's most heavily traded Crypto ETP (1)
ETC Group ( www.etc-group.com ), Europe’s leading specialist provider of innovative, digital asset-backed securities, announces that its total Assets Under Management has regained the significant marker of US$1 billion, a level not seen since May 2021.
This follows significant recent developments by ETC Group, including making its leading Bitcoin ETC carbon neutral, listing on multiple European exchanges including being the first Crypto ETP to list on a UK stock exchange, and the announcement that its Bitcoin ETC is the basis of Europe’s first Futures contracts to launch this month on Eurex, Europe’s largest derivatives exchange.
“Recent independent research by CoinShares shows that more institutions are choosing ETC Group’s crypto ETPs to invest in cryptoassets than any other provider,” commented Bradley Duke, CEO of ETC Group. “Not only have we seen the largest weekly inflows during August, we’re also the worlds’ most heavily traded Crypto ETP. Regaining the $1 billion AUM is a clear indication of trust that retail and institutional investors are putting in our range of Crypto ETPs, which are 100% physically backed, regulated as they’re listed on Europe’s largest stock exchanges, with the world’s leading custodians to ensure security and safety.”
Research by CoinShares of the weekly tally of fund flows for institutions shows that ETC Group’s Bitcoin, Ether, and Litecoin ETPs produced inflows of $14.1m during the week ending Aug 27, 2021. That’s more than 40% higher than its closest competitor which produced inflows of $8.4m.
Eurex, Europe’s largest derivatives exchange, will list Bitcoin ETN Futures on 13 September 2021, based on ETC Group’s BTCetc™ - ETC Group Physical Bitcoin (ticker: BTCE). This will be the first time futures contracts are available for investors on a Crypto ETP in Europe.
Cryptocurrencies are highly volatile, and your capital is at risk. Disclaimer: https://bit.ly/etcdisc
(1) ETC Group’s most traded according to Bloomberg markets in the period 30.01-31.07.2021, https://www.boerse-frankfurt.de/en/etfs
