Fidelity International Launches Bitcoin ETP In Europe

Fidelity International Launches Bitcoin ETP In Europe



  • Constancy Worldwide launched a bitcoin exchange-traded product in Europe to fulfill elevated demand from establishments.
  • FBTC lists on the Deutsche Boerse at this time and on the SIX Swiss trade within the coming weeks carrying a 0.75% payment.
  • Constancy Worldwide has been working as an unbiased agency from Constancy Investments for over 40 years.

Constancy Worldwide has launched its first bitcoin exchange-traded product (ETP) in Europe in what’s the joint-cheapest providing obtainable for traders within the previous continent looking for direct publicity to the bitcoin value, in line with a press launch despatched to Bitcoin Journal.

The Constancy Bodily Bitcoin ETP will checklist on the Deutsche Börse Xetra at this time below the ticker image “FBTC” and on the SIX Swiss Alternate within the coming weeks. It’ll carry an ongoing cost determine (OCF) of 0.75%.

Constancy Worldwide launched FBTC for its European institutional {and professional} traders looking for a simple funding avenue for Bitcoin following a Constancy Digital Belongings survey from final 12 months discovered that seven in ten institutional traders plan to put money into cryptocurrency within the close to future.

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