Bitcoin Capital Launches Very First Actively Managed Cryptocurrency ETP at SIX

Today, Bitcoin Capital, a new ETP issuer on the Swiss stock exchange, launches the very first actively-managed Crypto ETP tradable on a regulated marketplace. The ETP provides additional opportunities for retail and institutional investors to diversify their portfolios by incorporating an actively-managed basket of cryptocurrencies. This takes the number of ETP providers available at SIX to 5, and the number of ETPs to a record of 31 – further strengthening the position of the Swiss Stock Exchange as the world’s leading market place for regulated crypto products.

Bitcoin Capital Launches Very First Actively Managed Cryptocurrency ETP at SIX
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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.

Product name Trading currency ISIN

Market maker
Bitcoin Capital Active ETP CHF  CH0548689600 Flow Traders

Further information on the ETP segment at SIX:

Any questions?

Please do not hesitate to contact Julian Chan.

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About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
www.six-group.com

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