Today’s crypto ETPs listings by Hashdex rise the number of crypto ETP listings at SIX Swiss Exchange since the beginning of this year to 69 and the number of crypto ETP issuers overall to 12. With this, investors can now choose between a total of 161 crypto ETPs available. Combining ETPs and Structured Products, SIX Swiss Exchange currently offers investors access to 236 products based on 18 cryptocurrencies provided by 14 issuers - the largest choice on any regulated exchange.
Laurent Kssis, Managing Director and Head of Europe at Hashdex, discusses the launch of the new ETPs and the entry into the Swiss market:: “The Swiss market is a natural entry point for crypto products and we have designed a product that we believe meets the demands of investors while being aligned with Swiss regulatory requirements. The NCIE (SIX:HASH SW) was created to offer an index that complies with the Swiss markets eligible crypto assets - a natural next step in Hashdex’s commitment to serving the region.”
Christian Reuss, Head SIX Swiss Exchange, shares the excitement: “I’m delighted to see that for its European market entry, Hashdex, with its strong track record starting in Brazil, chooses the Swiss jurisdiction because of its legal certainty, world-class infrastructure and our stable trading system. A warm welcome to Hashdex joining our issuer ranks and further expanding the product range.”
Hashdex is a global pioneer in crypto asset management with specialist teams in Latin America, Europe and the US. The company was founded in 2018 and currently controls AuM of USD 800 Mio. in AuM. Early last year, Hashdex introduced the world's first crypto index ETF. The firm co-created and launched the Nasdaq Crypto IndexTM (NCITM ), which in turn served as the basis for the NCIE. The NCIE and HASH SW offer European investors the ability to incorporate crypto into their investment strategies.
In 2021, the crypto product segment at SIX Swiss Exchange has shown very strong growth. Trading turnover reached CHF 8.6 bn, an increase of 673% compared with the previous year (CHF 1.1 bn). The number of transactions has increased more than sixfold too: in total, 354,542 trades were carried out in crypto products. For the majority of this volume investors increasingly turn to collateralized ETPs, so 71.8% of trading turnover in 2021 was conducted in ETPs (compared to 33.1% the previous year). With these figures, SIX Swiss Exchange ranks among the world’s leading regulated trading venues for cryptocurrency-based assets.