For its pioneering work in the field of investment products with cryptocurrencies as underlying assets, the Swiss stock exchange is awarded Best European Exchange for Listing cryptocurrency ETPs at the ETF Express European Awards The growth of crypto products on SIX Swiss Exchange traces back towhen Bank Vontobel listed a structured product certificate that tracked bitcoin.
The first crypto index ETP was listed on SIX in November by Amun now called 21shares — a world premiere at the time.
A physically backed ETP on Bitcoin as a single currency was listed by WisdomTree in Decemberfollowed by the very first actively-managed Crypto ETP tradable on a regulated marketplace, launched by Bitcoin Capital in July The great variety of tradable crypto products on the Swiss stock exchange struck a chord with investors.
Trading turnover reached CHF 8.
High investor demand is not the only factor fuelling the growth of crypto products on SIX Swiss Exchange. Further fundamental reasons include the sophisticated investment community in Switzerland — and the role of the exchange itself, working closely with the financial industry to create a diversified, competitive yet regulated market and providing an infrastructure to investors so they can trade interesting products and gain access to the crypto world.
Our monthly Crypto Products Report provides detailed figures about the development of the segment, including trading activity and trends — subscribe here for free.