Just over two years after trading first on bitcoin exchange convertible notes ( ETNs ) , Swedish firm CoinShares has launched two ETNs tracking the price of ether . XBT Provider by CoinShares, the issuer behind the world COINETH and COINETHE trade on the Nasdaq exchange , and are quoted in USD 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 . CoinShares MD Lars Kssis said the move was a " major win for European investors " .
Just over two years after trading first on bitcoin exchange convertible notes ( ETNs ) , Swedish firm CoinShares has launched two ETNs tracking the price of ether . COINETH and COINETHE trade on the Nasdaq exchange , and are quoted in USD 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 . CoinShares MD Lars Kssis said the move was a " major win for European investors " .