Wednesday, September 22, 2021
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WH SelfInvest: Eurex announces the introduction of Bitcoin ETN Futures | news




The start of the new contract is scheduled for September 13th. The futures contract is based on the BTCetc Bitcoin Exchange Traded Crypto (ISIN: DE000A27Z304), which is listed on the Frankfurt Stock Exchange and has been one of the most traded ETF / ETN contracts on Xetra since its launch in June 2020. The Bitcoin ETN corresponded to 1 / 1000th of Bitcoin when it was launched and is fully covered by Bitcoin and redeemable in Bitcoin. The new futures contract will be traded in euros and physically delivered in Bitcoin ETNs.

In this way, investors can follow the price development of Bitcoins in a fully regulated exchange environment and on the basis of a transparent price determination for the underlying ETN. Both the underlying ETN and the futures are traded, settled and processed using the proven infrastructure of the Deutsche Börse Group. Randolf Roth, Member of the Eurex Executive Board, said: “There is a great demand from investors for exposure to Bitcoin in a safe and regulated environment. We are pleased to be the first regulated exchange to offer this innovative contract. The new ones Bitcoin ETN futures enable investors to trade and secure Bitcoin within the proven trading and clearing infrastructure of Eurex without having to switch to unregulated crypto exchanges or set up a separate infrastructure such as a crypto wallet the logical extension of the ETN, which is already very successfully traded on Xetra. ”




In the meantime, Deutsche Börse has expanded its innovative range of the world’s first centrally processed Bitcoin ETN on Xetra to include further ETNs on Ethereum, Bitcoin Cash and Litecoin. With an average monthly order book turnover of EUR 1 billion in the first half of 2021, Xetra has established itself as Europe’s leading exchange for crypto ETNs. Contract Specifications of Bitcoin ETN Futures at Eurex:

Source: EUREX

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Risk notice

This article is the author’s personal opinion. It serves only as information. These analyzes must not be interpreted as investment or asset advice. An investment decision regarding any securities or other financial instruments requires background knowledge of your personal situation, which the author does not know. This content is out of date and will not be updated after publication.

Roland Jegen has been active on the stock exchange for over 10 years. Since the beginning of 2016 he has been working as a trading expert at WH SelfInvest. In addition to classic chart analysis, auction market theory and market profile as well as automated trading systems are among his hobbyhorses.

The above text reflects the opinion of the respective columnist. Finanzen.net GmbH assumes no responsibility for its correctness and excludes any right of recourse.

Image sources: WH Selfinvest


Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.
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