ETNs track performance of Bitcoin, Ethereum, Polkadot and a basket of cryptocurrencies
Since Monday, four cryptocurrency products issued by SEBA Bank have been tradable on Xetra and via Börse Frankfurt for the first time.
The four Exchange Traded Notes (ETNs) from SEBA Bank give investors easy access to the performance of the cryptocurrencies Bitcoin, Ethereum and Polkadot. In addition, an ETN tracks the performance of the SEBA Crypto Asset Select Index (SEBAX). This currently comprises the cryptocurrencies Bitcoin, Ethereum, Solana, Litecoin, Cardano, Polkadot and Avalanche. The ETNs are physically collateralised by the respective underlying cryptocurrencies and are available to investors in the two trading currencies euro and US dollar.
With the inclusion of the new products from SEBA Bank, Deutsche Börse is further expanding its range of centrally cleared crypto exchange traded notes (ETNs) on Xetra. The crypto ETN segment now comprises 81 products from eleven providers on a total of 20 individual cryptocurrencies and seven crypto indices. 24 products can be traded in both euros and US dollars using the same ISIN. The trading currency can be selected in each case by the individually assigned exchange short code.
With an average monthly order book turnover of around €900 million on Xetra, Deutsche Börse is also the market leader in the trading of crypto ETNs in Europe.
|Name||ISIN||Ongoing charges||Xetra Ticker for the|
|SEBA Bitcoin ETP||CH0558875933||0.75 per cent||SETB||SETC|
|SEBA Ethereum ETP||CH0587418630||0.75 per cent||SETE||SETF|
|SEBA Polkadot ETP||CH1113516871||1.25 per cent||SETD||SETG|
|SEBA Crypto Asset Select Index ETP||CH0568452707||1.50 per cent||SETS||SETT|