A crypto ETN from Invesco has been tradable on Xetra and Börse Frankfurt for the first time.
The Invesco Physical Bitcoin offers investors the opportunity to participate in the performance of the cryptocurrency Bitcoin in a simple way. The exchange traded note (ETN) physically backed by Bitcoin was admitted to the Regulated Market of the Frankfurt Stock Exchange and is centrally cleared via Eurex Clearing. Through central clearing, investors benefit from significantly reduced risks in the settlement of transactions.
| Name | Asset class | ISIN | Ongoing charges | Reference price |
| Invesco Physical Bitcoin | ETN | XS2376095068 | 0.99 per cent | Bitcoin |
Investors can now choose from 26 ETNs from seven providers on Bitcoin, Bitcoin Cash, Cardano, Ethereum, Litecoin, Polkadot, Solana, Stellar, Tezos, and TRON as well as a Crypto Basket. With an average monthly order book turnover of around one billion euros, Deutsche Börse with Xetra is the European market leader in crypto ETN trading.
The product offering in Deutsche Börse’s ETF & ETP segment currently comprises a total of 1,745 ETFs and 224 ETCs and ETNs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.