Leading German stock exchange Deutsche Börse said cryptocurrency exchange-traded products (ETP) had become a very attractive option for investors in the past year.
The company concludes that the average monthly turnover in crypto ETN has increased to more than $1 billion or +922% compared to 2020 ($115 million).
Deutsche Börse presents statistics inreportRecently, to meet the growing demand for digital asset products.
A few months ago Deutsche Börse has announced list Bitcoin Spot ETN on digital stock exchange Xetra, the product comes from Invesco, an American management company that previously filed for a Bitcoin futures ETF in the US, but was rejected.
With more than $220 billion in trading volume in 2021 and 1,757 different offers, it remains Europe’s leading ETF trading venue.
In late 2021, it acquired a majority stake in Crypto Finance AG, a leading Swiss digital asset company. Deutsche Börse later revealed that it could offer more crypto options to its clients, including post-trades.
The post Deutsche Börse Sees 922% Increase in Investor Demand for Crypto Products Appeared First on Bitcoin Addict.