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Topic: Swiss Bitcoin ETP (Read 123 times)

hero member
Activity: 2842
Merit: 772
November 24, 2018, 02:57:28 PM
#2
I tryed find posts explaining this ETP, What is a ETP? This Swiss ETP will buy Bitcoins?

ETP - Exchange Traded Product

As per Investopedia:

Quote
Exchange-traded products (ETP) are a type of security that is derivatively priced and trades intra-day on a national securities exchange. ETPs are priced so the value is derived from other investment instruments, such as a commodity, a currency, a share price or an interest rate. Generally, ETPs are benchmarked to stocks, commodities or indices. They can also be actively managed funds. ETPs include exchange-traded funds (ETFs), exchange-traded vehicles (ETVs), exchange-traded notes (ETNs) and certificates.

https://www.investopedia.com/terms/e/exchange-traded-products-etp.asp

As far as I know the Swiss ETP, they will have a ticker holder of "HODL". So as per definition, the price could be derived from the price of Bitcoin and other altcoins as well, so its a basket of assets so to speak.
newbie
Activity: 32
Merit: 0
November 24, 2018, 08:14:01 AM
#1
I tryed find posts explaining this ETP, What is a ETP? This Swiss ETP will buy Bitcoins?
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