Cryptocurrency investment manager ETC Group is expanding its Bitcoin (BTC) exchange-traded product offering in the United Kingdom after harnessing Swiss market rules to bypass more stringent British regulations.
The ETC Group Physical Bitcoin ETP, which trades under the ticker symbol BTCE, will begin trading on the Aquis Exchange in London and Paris on June 7, the company announced Tuesday. Once launched, BTCE will become the first cryptocurrency ETP to trade in the United Kingdom.