Given the high interest we have experienced for the previous listings from XBT Provider it is exciting to now expand the offering into this unique exchange traded certificate. Just over two years after trading began on bitcoin exchange traded notes (ETNs), Swedish firm CoinShares has launched two ETNs tracking the price of ether. COINETH and COINETHE trade on the Nasdaq Stockholm, and are denominated in SEK and EUR respectively, while their index rate would be based on the daily average from the three most liquid of a select group of exchanges. The company is also planning to launch an ETF for ether, which will track the price of ether as well as other cryptocurrencies.
Just over two years after trading began on bitcoin exchange traded notes (ETNs), Swedish firm CoinShares has launched two ETNs tracking the price of ether. COINETH and COINETHE trade on the Nasdaq Stockholm, and are denominated in SEK and EUR respectively, while their index rate would be based on the daily average from the three most liquid of a select group of exchanges. The company is also planning to launch an ETF for ether, which will track the price of ether as well as other cryptocurrencies.