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May 22, 2024

CFB Talks Digital Assets Episode 25: We launched it here first! Europe's thriving crypto ETP market, with ETC Group's Chanchal Samadder, CFA

With this year's launch of US digital asset funds in the spotlight, it's easy to overlook the fact that spot crypto ETPs have been around for far longer in Europe!

This highly active and liquid market is typified by firms like ETC Group, one of the largest of their kind, in AuM terms.

ETC recently listed their Core Bitcoin ETP (Ticker: BTC1), featuring a unique 'Tri-NAV', based on CF Benchmarks' three Bitcoin Reference Rate variants.

We were fortunate enough to sit down with ETC's Head of Product, Chanchal Samadder, CFA, in the latest episode of CFB Talks Digital Assets, for the most informed take on Europe's crypto product market around.

Some highlights

  • How BTC1's exclusive Tri-NAV provides primary market participants with the ultimate flexibility for Bitcoin transactions, in a regulated wrapper, across the global trading day
  • How BTC1 differs from Europe's first centrally cleared Bitcoin ETP, launched by ETC in 2020, and still the most traded BTC fund in the region
  • Insights on Europe's institutional crypto investment outlook: the evolution of demand for large-caps, and why diversified index product growth stands out

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.