BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be enclosed in a Gibraltar Stock Exchange underneath a ticker BTCETI.
In an announcement today, a Gibraltar Stock Exchange (GSX) has suggested a further of BitcoinETI, a bitcoin-centric Exchange Traded Instrument (ETI). The batch sell states that a asset-backed ETI’s inclusion will be a initial European regulated product for a cryptocurrency.
Bitcoin will be a underlying item subsidy a Exchange Traded Instrument and a inclusion of BitcoinETI will now capacitate item managers and supports consider and lane Bitcoin by a Gibraltar Stock Exchange.
The Bitcoin ETI was authorized for inventory on a GSX on Jul 22, 2015 and will subsequently be co-listed on Deutsche Börse this week, underneath a ticker BTCETI.
“GSX is an EU regulated marketplace that offers fit and cost effective solutions for innovative companies and financial products. We demeanour brazen to ancillary a BitcoinETI in a entrance to a open markets” said Nick Cowan, Managing Director of a Gibraltar Stock Exchange, in a statement.
Gibraltar-based organisation iStructure PCC PLC released a BitcoinETI, following a partnership between a