Bitcoin Capital Launches Very First Actively Managed Cryptocurrency ETP at SIX

With their newly tradable ETP at SIX, Bitcoin Capital offers exposure to a discretionary product featuring cryptocurrencies as underlying assets. The Bitcoin Capital Active ETP, managed by FiCAS AG and issued by Bitcoin Capital AG, covers the top 15 cryptocurrencies with active trading and risk management. Liquidity for this innovative product is provided by Flow Traders.

“We are delighted to welcome Bitcoin Capital to the family of ETP providers offering their product on our exchange. The Bitcoin Capital Active ETP is the first in its class and expands the existing ETP universe by offering access to an actively-managed crypto product. With the new listing, the segment of tradeable crypto instruments increases to over 140 products” says Alain Picard, Head Trading Sales & Management, Securities & Exchanges, SIX. “Crypto products at SIX registered a market turnover of more than CHF 360 million and accounted for 16’000 transactions in the first half of 2020.”

FiCAS AG is a Swiss-based crypto investment management boutique. The firm devised the Bitcoin Capital Active ETP which is issued by Bitcoin Capital AG. The world’s first actively-managed exchange traded product is available to both retail and institutional investors in Switzerland and in selected jurisdictions across Europe.