Vienna Stock Exchange Adds Bitcoin- and Ethereum-Based ETPs

Swiss provider of cryptocurrency exchange-traded products 21Shares announced that its Bitcoin- and Ethereum-based ETPs have been added to the listing on the Vienna Stock Exchange (Wiener Börse).

“The largest exchange in the DACH region (Germany, Austria and Switzerland) has accepted the Bitcoin ETP. This achievement again demonstrates institutional interest and, more importantly, regulatory recognition of this new class of digital assets,” the company said.

Wiener Börse has become the third regulated market in the world where Bitcoin is listed, 21Shares said. On September 1, exchange-traded products with tickers ABTC and AETH linked to BTC and ETH were listed.

Thomas Rainer, head of development at Wiener Börse, noted that the listing allows “experienced local investors” to access the advantages that the stock market can offer crypto traders — “controlled, regulated and transparent trading with real-time information and safe settlement through ordinary brokers.”

CEO of 21Shares Hani Rashwan emphasized that the Bitcoin ETP is now available for all three DACH countries — Germany, Austria and Switzerland.

In July, Ethereum and Bitcoin ETP from 21Shares began trading on the XETRA market of Deutsche Boerse, on which more than 90% of German trade and about 30% of European ETF trading takes place. In less than two years of operation, 21Shares attracted assets under management totaling more than $100 million.

The Singapore Exchange (SGX) announced the listing of its first cryptocurrency indices in its history: iEdge Bitcoin Index and iEdge Ethereum Index.

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