Since Thursday, four new crypto ETNs issued by Bitpanda Issuance GmbH are tradable via Xetra and Börse Frankfurt.
The new products track the performance of the crypto assets Cardano, Ethereum, Polkadot and Solana. Investors gain access to the performance of the respective cryptocurrency without having to set up crypto wallets or switch to unregulated trading venues. The management fee is 1.49 per cent in each case.
This expands Bitpanda’s offering to five crypto ETNs, all of which are physically secured and centrally cleared via Eurex Clearing.
| Name | Asset class | ISIN | Crypto currency |
| Bitpanda Cardano ETC | ETN | DE000A3GX9N1 | Cardano |
| Bitpanda Ether ETC | ETN | DE000A3GX9P6 | Ethereum |
| Bitpanda Polkadot ETC | ETN | DE000A3GX9Q4 | Polkadot |
| Bitpanda Solana ETC | ETN | DE000A3GX9R2 | Solana |
The crypto ETN offering on Xetra now comprises 71 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.