Focus: Crypto-ETNs
Crypto ETNs on Xetra: growing variety on a regulated trading venue
Trading in cryptocurrencies is becoming increasingly popular among institutional and private investors. In June 2020, Deutsche Börse became the first exchange worldwide to launch trading in centrally cleared crypto products. Investors now have access to a continuously growing number of ETNs through 13 providers tracking twenty cryptocurrencies as well as nine baskets of cryptocurrencies. With this offering and the monthly order book turnover Deutsche Börse’s Xetra trading venue is the European market leader in crypto ETN trading.
The advantages of Crypto ETNs:
- As the products are traded on-exchange, investors no longer have to turn to unregulated trading venues to invest in cryptocurrencies.
- With Xetra, they can rely on the largest exchange-based ETF trading venue in Europe with an accordingly high level of liquidity and the highest regulatory standards.
- Investors do not need to set up their own crypto wallets or cryptographic keys because the products are traded on-exchange.
- Investors also benefit from significantly reduced risks due to central clearing of the trades, handled by Eurex Clearing, Deutsche Börse Group’s central counterparty.
Crypto ETNs on Xetra
