Another crypto ETN issued by CoinShares is tradable on Xetra and Börse Frankfurt since Thursday.
The CoinShares FTX Physical FTX Token offers investors simple and efficient access to the performance of the cryptocurrency FTX Token. The CoinShares range of crypto ETNs is thus expanded to nine products, all of them are physically secured with the corresponding crypto currency and are centrally cleared via Eurex Clearing.
| Name | Asset class | ISIN | Management fee | Crypto currency |
| Coinshares FTX Physical FTX Token | ETN | GB00BNRRFJ82 | 1.50 Prozent | FTX Token |
The crypto ETN offering on Xetra now comprises 73 products from ten providers on a total of 20 individual cryptocurrencies and five crypto indices. 19 products can be traded in both euros and US dollars using the same ISIN. The trading currency can be selected in each case through an individually assigned exchange code.
With an average monthly order book turnover of around €1 billion, Deutsche Börse and Xetra are also the market leaders in the trading of crypto ETNs in Europe.