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21Shares and ETC Group Launch ETPs on UK’s Aquis Exchange

Published 06/07/2021, 10:15 AM
Updated 06/07/2021, 12:00 PM
21Shares and ETC Group Launch ETPs on UK’s Aquis Exchange
BTC/USD
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  • 21Shares announced its launch of Bitcoin ETP on Aquis Exchange in the UK.
  • It will launch its Bitcoin ETP in partnership with market-maker GHCO.
  • Today, ETC Group launches its crypto ETP on the Aquis Exchange MTF.

On Monday, 21Shares (formerly known as Amun) announced the launch of its Bitcoin exchange-traded product (ETP) on the UK’s Aquis Exchange Multilateral Trading Facility (MTF) in mid-June.

21Shares will launch its Bitcoin ETP in partnership with GHCO, one of the fastest-growing liquidity providers specializing in exchange-traded funds. Hence, GHCO will act as the liquidity provider for the Bitcoin ETP. In a press release, GHCO said ‘the ETP shall be engineered like an ETF’. As a result, this will give institutional investors in the U.K. exposure to Bitcoin through a regulated framework.

By far, London has been very careful about approving crypto products. Earlier this year, their Financial ...

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