Market Analysis Report (22 Sep 2021)

Source Node: 1084698

Deutsche Börse, a marketplace organizer for the trading of shares and other securities, continues to explore the world of cryptocurrency derivatives with the launch of three new crypto exchange-traded notes (ETNs) by VanEck, which are now are tradable for the first time via Xetra and Börse Frankfurt.

The listings expand Deutsche Börse’s crypto ETN offerings, which, prior to this listing, included similar products on cryptoassets Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). 

VanEck’s new ETNs are powered by a suite of MVIS CryptoCompare Indexes, and feature highly popular cryptoassets Polkadot (DOT), Solana (SOL), and TRON (TRX). Deutsche Boerse officially announced that these ETNs are tradable on its digital stock exchange, Xetra, and the Frankfurt Stock Exchange.

All crypto ETNs tradable on Xetra are physically collateralized and listed on the Regulated Market of the Frankfurt Stock Exchange,” the announcement reads.

Source: https://www.cryptocompare.com/email-updates/daily/2021/sep/22/

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