Deutsche Börse welcomes nxtAssets as a new crypto ETN issuer on Xetra

Since Wednesday, the first two crypto exchange traded notes of the issuer nxtAssets have been tradable on Xetra and Börse Frankfurt.

With the two ETNs, investors get easy access to the performance of the cryptocurrencies Bitcoin and Ethereum. Both ETNs are physically backed by the underlying cryptocurrencies and are available to investors in the trading currency euro.

The crypto ETNs are admitted to the Regulated Market of the Frankfurt Stock Exchange. Central clearing also allows investors to benefit from significantly reduced risks in the settlement of transactions.

Name

Asset class

ISIN

Management fee

Crypto asset

nxtAssets bitcoin direct ETP

Crypto ETN

DE000NXTA018

1 per cent

Bitcoin

nxtAssets ethereum direct ETP

Crypto ETN

DE000NXTA026

1 per cent

Ethereum

 

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,364 ETFs, 197 ETCs and 253 ETNs. With this selection and an average monthly trading volume of more than €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.