ETC Group to Offer Crypto ETP Bassed on an MSCI index

ETC Group says it will list the first crypto ETP [exchange traded product] based on an MSCI index. The ETC Group MSCI Digital Assets Select 20 ETP is expected to list on Germany’s Deutsche Börse XETRA in April.

According to ETC Group, the ETP will track the performance of the MSCI Global Digital Assets Select Top 20 Capped Index. The index, which was developed by MSCI with ETC Group’s input, was launched in early March. Digital assets currently include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Like other ETC Group products, the ETP will be physically backed and the underlying digital assets will be deposited in cold storage custody.

Bradley Duke, Co-CEO and founder, said the new ETP signals the evolution of ETC Group’s product offering from single asset access to “products toward products that provide investment management solutions while retaining the same uncompromising standards in quality and investor security.”

Once listed, the ETP may be bought and sold like shares or ETFs via the regulated stock exchange. All that is required is a standard securities account with a broker or bank.

 


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