• Latest
Bitwise to Launch Another Crypto Exchange-Traded Product

Bitwise to Launch Another Crypto Exchange-Traded Product

June 26, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Bitwise to Launch Another Crypto Exchange-Traded Product

coinnewsdaily by coinnewsdaily
June 26, 2019
in Litecoin
0
Bitwise to Launch Another Crypto Exchange-Traded Product
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Crypto asset manager Bitwise has partnered with Swiss fintech startup Amun AG to launch another multi-crypto-based exchange-traded product (ETP), according to a press release on June 26.

Bitwise’s index calculation subsidiary, Bitwise Index Services, has licensed “The Bitwise 10 Select Large Cap Crypto Index” to Amun AG to bring a diversified crypto ETP, the announcement says.

The index will act as the benchmark index for an ETP product called “Amun Bitwise Select 10 Large Cap Crypto Index ETP” operating under the ticker symbol KEYS, according to a report by crypto media outlet The Block.

The new ETP product will reportedly trade on Switzerland’s principal stock exchange SIX Swiss Exchange, and will be only accessible by investors residing outside the United States, the press release notes.

The Bitwise 10 Select Large Cap Crypto Index allows to track the performance of up to 10 of top global crypto assets by “free-float and inflation-adjusted market capitalization,” Bitwise wrote in the press release, adding that the index is rebalanced and reconstituted on a monthly basis.

As such, as of the May 31 rebalance, the index included eight cryptocurrencies such as bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC), EOS, stellar (XLM), and cardano (ADA). At the time, bitcoin was evaluated at the “weight” of 67.8%, while ether was weighted at 11.5%.

The Bitwise 10 Select Large Cap Crypto Index as of May 31 rebalance. Source: PR Newswire 

Matt Hougan, Global Head of Research at Bitwise, said that the new initiative is an attempt to assist non-U.S. investors in obtaining “diversified exposure to the crypto markets.” He added that the  index is designed for Swiss investors who “want to be sure they gain and maintain exposure to the most important crypto projects in the world.”

To date, SIX exchange has listed four crypto ETPs by Amun AG, including bitcoin ETP (ABTC), ethereum ETP (AETH), XRP ETP (AXRP), as well as its multi-crypto-based ETP Crypto Basket Index ETP (HODL), according to SIX’s official website.

Launched in April 2019, AXRP is the second biggest ETP by daily trading volume of about 440,000 Swiss francs ($450,000), following Invesco Physical Gold ETC, according to data provided by SIX.

Credit: Source link

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Share76Tweet48
Previous Post

Northern Trust Hands Off Blockchain Solution to Fintech Firm

Next Post

Coinbase Pro Announces Support for Chainlink Token

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
Coinbase Pro Announces Support for Chainlink Token

Coinbase Pro Announces Support for Chainlink Token

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,165.001.42%
  • ethereumEthereum(ETH)$1,586.801.15%
  • tetherTether(USDT)$1.00-0.09%
  • binancecoinBNB(BNB)$312.491.77%
  • rippleXRP(XRP)$0.4075332.83%
  • cardanoCardano(ADA)$0.3924615.18%
  • dogecoinDogecoin(DOGE)$0.0964319.24%
  • matic-networkPolygon(MATIC)$1.112.20%
  • okbOKB(OKB)$37.760.65%
  • solanaSolana(SOL)$23.970.01%
  • polkadotPolkadot(DOT)$6.271.23%
  • shiba-inuShiba Inu(SHIB)$0.0000122.88%
  • litecoinLitecoin(LTC)$94.493.33%
  • tronTRON(TRX)$0.062311-0.09%
  • daiDai(DAI)$1.00-0.02%
  • cosmosCosmos Hub(ATOM)$13.392.64%
  • chainlinkChainlink(LINK)$6.960.69%
  • leo-tokenLEO Token(LEO)$3.54-1.18%
  • moneroMonero(XMR)$177.840.97%
  • ethereum-classicEthereum Classic(ETC)$21.751.72%
  • bitcoin-cashBitcoin Cash(BCH)$133.492.29%
  • stellarStellar(XLM)$0.0908850.84%
  • crypto-com-chainCronos(CRO)$0.0792041.83%
  • filecoinFilecoin(FIL)$5.242.59%
  • algorandAlgorand(ALGO)$0.2430321.29%
  • vechainVeChain(VET)$0.0231980.57%
  • internet-computerInternet Computer(ICP)$5.891.88%
  • aaveAave(AAVE)$83.232.64%
  • eosEOS(EOS)$1.071.76%
  • elrond-erd-2MultiversX(EGLD)$42.961.96%
  • theta-tokenTheta Network(THETA)$1.031.11%
  • tezosTezos(XTZ)$1.060.34%
  • paxos-standardPax Dollar(USDP)$1.000.24%
  • huobi-tokenHuobi(HT)$5.140.95%
  • bitcoin-cash-svBitcoin SV(BSV)$42.700.53%
  • havvenSynthetix Network(SNX)$2.310.89%
  • dashDash(DASH)$60.311.79%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.041.60%
  • iotaIOTA(MIOTA)$0.2279591.58%
  • makerMaker(MKR)$654.163.09%
  • zcashZcash(ZEC)$45.301.57%
  • neoNEO(NEO)$8.201.72%
  • zilliqaZilliqa(ZIL)$0.0271000.98%
  • basic-attention-tokenBasic Attention(BAT)$0.2540082.94%
  • compound-governance-tokenCompound(COMP)$52.060.93%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • nemNEM(XEM)$0.0370760.82%
  • kusamaKusama(KSM)$35.403.67%
  • bitcoin-goldBitcoin Gold(BTG)$16.831.48%
  • qtumQtum(QTUM)$2.69-2.11%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • wavesWaves(WAVES)$2.481.37%
  • sushiSushi(SUSHI)$1.271.81%
  • yearn-financeyearn.finance(YFI)$7,240.000.66%
  • golemGolem(GLM)$0.2332850.22%
  • omisegoOMG Network(OMG)$1.401.71%
  • ontologyOntology(ONT)$0.207556-0.30%
  • digibyteDigiByte(DGB)$0.0104451.26%
  • umaUMA(UMA)$2.053.52%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%