First Carbon Neutral Crypto ETPs Launched on SIX Swiss Exchange

With trading volumes and the number of transactions increasing by 673% and 634% respectively over the previous year, crypto products on SIX Swiss Exchange have seen tremendous interest from investors in 2021. This growth potential continues to attract new issuers with innovative products.

Today, Helveteq is the third new ETP issuer to join SIX Swiss Exchange in 2022 and the eleventh overall. The two new Helveteq Bitcoin Zero ETP and Helveteq Ether Zero ETP, both available in USD, add to the great variety of crypto products and offer investors the first carbon neutral crypto ETPs by a Swiss issuer. Based on a research-initiative in cooperation with the University of Zurich, Helveteq compensates the carbon footprint of its Zero ETP family.

Crypto Goes Carbon Neutral

Christian Katz, CEO at Helveteq, is excited about the launch of the two new ETPs: “Awareness of the link between the environment and the blockchain economy is rising fast and we all must work together to find sustainable solutions. That’s why Helveteq sponsors and cooperates with the University of Zurich for research in this field, based on which we compensate the carbon footprint of our Zero ETP family.”

Christian Reuss, Head SIX Swiss Exchange, shares the excitement: “Already early, Switzerland established clear framework conditions enabling investors to exploit the opportunities offered by digitalization. Crypto Valley, between Zurich and Zug, is home to numerous companies and organisations in the blockchain sector. I’m delighted to see how many start-ups choose the Swiss jurisdiction because of its legal certainty, world-class infrastructure and our stable trading system. A warm welcome to Helveteq joining our issuer ranks and further expanding the product range.”

Helveteq is a Swiss issuer of ESG-transparent investment products with its credo “Take control – Invest responsibly”. The company was founded in 2021, is headquartered in Pfäffikon SZ and has a representative office in Zollikon.

Best European Exchange for Listing Cryptocurrency ETPs

ETPs and Structured Products combined, SIX Swiss Exchange currently offers investors access to 240 products based on 18 cryptocurrencies and provided by 13 issuers, the largest choice of any regulated exchange. For its pioneering work in the field of investment products with cryptocurrencies as underlying assets, SIX Swiss Exchange was recently distinguished as the “Best European Exchange for Listing cryptocurrency ETPs” at the ETF Express European Awards. Discover the full story

With Helveteq, as well as Invesco and Fidelity who joined earlier this year, SIX Swiss Exchange already welcomed half as many new ETP issuers as in the entire 2021, when ETC Group, CoinShares, SEBA Bank, Iconic Funds, Van Eck and Ridgex listed their first products in Switzerland – including several world premieres on a regulated exchange.

Writing a New Success Story

The growth of crypto products on SIX Swiss Exchange traces back to 2016, when Bank Vontobel listed a structured product certificate that tracked bitcoin. The first crypto index ETP was listed on SIX in November 2018 by Amun (now called 21shares) – a world premiere at the time. A physically backed ETP on Bitcoin as a single currency was listed by WisdomTree in December 2019, followed by the very first actively-managed Crypto ETP tradable on a regulated marketplace, launched by Bitcoin Capital in July 2020.

High investor demand is not the only factor fuelling the growth of crypto products on SIX Swiss Exchange. Further fundamental reasons include the sophisticated investment community in Switzerland – and the role of the exchange itself, working closely with the financial industry to create a diversified, competitive yet regulated market and providing an infrastructure to investors so they can trade interesting products and gain access to the crypto world.

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