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Bitcoin Capital Rolls Out New Crypto ETPs on the Swiss Stock Exchange

Bitcoin Capital has expanded its crypto asset offerings by launching two new crypto exchange-traded products (ETPs) on the SIX Swiss Exchange.

The new products, 1 FiCAS Active Bitcoin ETP and 1 FiCAS Active Ethereum ETP, are actively managed by crypto asset manager FICAS AG, a statement from the company said.

Bitcoin Capital is a subsidiary of FiCAS AG, a Swiss-based crypto investment management boutique.

The listing is accessible for investments by institutional, professional, and private investors in Switzerland, Liechtenstein, and the EU (excluding Hungary).

The company had launched the world’s first exchange-listed actively managed crypto ETP, 15 FiCAS Active Crypto ETP, on the Swiss stock exchange in 2020.

“Our purpose is to grant investors safe and easy access to digital assets and are convinced that crypto assets will soon be part of the diversification strategy of many investment portfolios.

The two new products with the most relevant cryptocurrencies as underlying may, through their active management, improve the overall portfolio risk by reducing underlying volatility,”

said Dr. Luca Schenk, Chairperson of Bitcoin Capital.

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Fintechnews Switzerland
Fintech News Switzerland provides a source of timely, deep insights and the latest local and global news about Fintech. Launched in 2014, the Fintech News Network team works very hard to deliver fintech-centric content in various forms to an audience looking for updates on fintech events and webinars, stunning opinions from highly-reputable digital finance innovators, analysis on fintech applications from active insiders, breaking news on fintech topics and fintech market alerts.
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