Approved by BaFin, the German financial regulator, BTCE is structured as an ETC that is physically backed by Bitcoin… a structure very similar to physically-backed gold exchange traded commodities, and allows investors the option for redemption in Bitcoin -
T212 team, can we pls keep an eye on this pls?
Many thanks!!!
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There is more information here: https://www.etfstream.com/news/11695_etc-group-to-launch-bitcoin-etp-on-deutsche-boerse-via-hanetf/
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Amazing outlook on the horizon for BTC!! Hopefully we can get Cardano (ADA) on the platform also
That’s very interesting 