DWS, Galaxy Digital List ETC (exchange-traded product) to offer Bitcoin, Ether exposure in Germany

Spot cryptocurrency exchange-traded products (ETPs) have been available in Europe for several years, but for example, CoinShares’ physical Bitcoin ETP was listed in 2021, and Zurich-based 21Shares was the first in the world to list a physical Bitcoin ETP in 2018. They announced that they have introduced a supported ETP. Interest in them has grown since the U.S. Securities and Exchange Commission approved a number of exchange-traded funds (ETFs) for the world’s largest economy in January. US funds were attracted. Net inflow approximately $12 billion According to BitMEX Research, it will be completed within 3 months.