21Shares Will List ETP On the Aquis Exchange In London
Cryptocurrency ETPs will be available on the Aquis Exchange Multilateral Trading Facility for UK investors thanks to the initiative of 21Shares and the ETC Group.
Swiss investment product provider 21Shares has announced that the Bitcoin exchange product (ETP) will be available on the exchange in mid-June.
The liquidity provider for Bitcoins (BTC, + 1.79%) will be the firm GHCO, which trades on the exchange of funds (ETF).
The company noted that the ETP will be cleaned up and “projected like an ETF”. This will provide UK institutional investors with access to Bitcoins through the regulated framework and structure they are already used to.
“We worked with 21Shares on this project for several months. We are delighted to be able to meet the institutional demand in the UK for digital assets in this way,” said Alasder Haynes, CEO of Aquis Exchange.
The ETC Group will also make its cryptocurrency ETP available to UK investors on the Aquis Exchange MTF.