According to its official , Switzerland’s principal stock exchange, SIX, has listed a ()-based Exchange Traded Product (ETP) today, April 2.
As Cointelegraph in March, the exchange had already confirmed that it was planning to list the product, dubbed Amun (AXRP). Hany Rashwan, co-founder and CEO of Amun — the derivative development company behind AXRP — at the time that this is the first such product on the market:
“We can comfortably say that we expect to release the world’s first XRP ETP within the next two months.”
Furthermore, Rashwan also media that the company has also received SIX’s approval to launch four more ETPs for other — Cash (), (), () and (). In November last year, SIX also what was reportedly the world’s first ETP tracking an index of multiple crypto assets, based on (), , (), BCH and LTC.
At the beginning of March, the company also an ETH ETP and in February it a -tracking ETP.
As Cointeledgraph in a dedicated analysis in December, those developments are seemingly part of a broader trend, which sees the United States being left behind where ETPs are concerned, as compared to Europe.
Published at Tue, 02 Apr 2019 10:12:19 +0000
