primary exchange, SIX Swiss Exchange, has launched of an ()-based exchange-traded product (ETP) on March 5, according to SIX Group’s .
Amun (AETH) ETP Listing on SIX Swiss Exchange. Source:
Backed by the Swiss startup , the new -based ETP will be under the index AETH. The management fee of ETP will amount to 2.5 percent.
SIX Group’s ETP was first in November 2018, with SIX Swiss Exchange revealing that it will list five -based ETPs, including (), (), Cash (), () and .
According to the article, ETP is set to acquire a market share of 16.7 percent, while is set to account for around half of the ETP’s assets. , now the third-top , will acquire a market cap of 24.4 percent, while Cash and are set to account for 5.2 and 3 percent of the market, respectively.
Recently, Cointelegraph on SIX setting up testing for integration in its upcoming parallel digital platform SDX, which will be launched in the second half of 2019.
The finalization of the launch date of the new platform is expected in late summer, with the exact date remaining subject to legal and regulatory clarification with the Financial Market Supervisory Authority, the Swiss market regulator.
Published at Wed, 06 Mar 2019 05:51:23 +0000
