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Zurich-based private and investment banking organisation Vontobel has turn a initial Swiss issuer to offer a tracker certificate on bitcoin.
Global private and investment banking establishment Vontobel will turn a initial Swiss issuer to offer a bitcoin tracker certificate for subscription.
Based on a classical tracker certificate (SSPA: 1300), a newly announced certificate on Bitcoin in USD will capacitate investors with a some-more streamlined, fit approach to deposit in bitcoin. For a initial time, investors in Switzerland can attend in bitcoin cost growth opposite a USD, as a outcome of a certificate.
The focus for a certificate has been submitted for acknowledgment to a SIX Swiss Exchange and has a two-year term, Vontobel revealed. The focus is theme to a capitulation of bitcoin as an underlying asset.
July 15, 2016, will be a initial day of trade while a final regulating date will be done on Jul 16, 2018. Investors