Fidelity International Debuts Bitcoin ETP in Europe

2 years ago

Fidelity International is listing its archetypal bitcoin exchange-traded merchandise (ETP) connected the Deutsche Börse successful Frankfurt and SIX Swiss Exchange successful Zurich.

  • The Physical Bitcoin ETP tracks the terms of the world's largest cryptocurrency by marketplace worth and is being made disposable to Fidelity International's nonrecreational and organization clients successful Europe.

  • Fidelity Digital Assets volition enactment arsenic the product's custodian.

  • The ETP lists connected the Deutsche Börse Xetra contiguous and volition go disposable connected the SIX Swiss Exchange successful the coming weeks, Fidelity International said successful an email Tuesday.

  • Trading nether the ticker FBTC, the ETP volition complaint a interest of 0.75%.

  • Fidelity International is an autarkic concern firm. It began beingness successful 1969 arsenic a subsidiary of Fidelity Investments, the Boston-based fiscal services elephantine that manages implicit $4 trillion successful assets, and divided disconnected successful 1980.

  • The firm, based successful London, has lawsuit assets of $812.8 cardinal nether management.

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Jamie Crawley is simply a CoinDesk quality newsman based successful London.


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