COINETHE ETN provides exposure to the price of Ether but is priced in EUR

During 2017 it was Ether Tracker Euro (COINETHE ETN) The first listed security based on ether to be available on a regulated exchange when it was listed on the NASDAQ in Stockholm.

Certificates provide exposure to the performance of the ether digital currency by industrially tracking the performance of the digital currency Quoted on the ether (ETH/USD) minus fees.

The ETH/USD market is the most liquid Ether market generally available for trading, and we see it as the most suitable underlying indicator for tracking the Ether product.

Certificates are non-equity securities that are traded in the same way as all stocks or instruments listed on Nasdaq in Stockholm.

The prospectus for XBT Provider has been approved by the Swedish Financial Supervisory Authority.

To invest, you need an account obtained through a bank, advisor or online broker.

Ether is purchased for money earned through the sale of certificates, ensuring that the certificates are secured and structured to follow the price of the ether. Certificates are guaranteed by CoinShares Capital Markets (Jersey) Limited.

The certificate is denominated in EUR, so there will be currency exposure between USD and EUR that can affect the market value (+/-) and the final return of the certificates.

Ether is a form of digital currency, which is generated and stored electronically.

SHOP COINETHE ETN

Ether Tracker Euro (COINETHE ETN) It is a cryptocurrency traded on the European Stock Exchange. This cryptocurrency is traded on the NASDAQ Stockholm stock exchange.

This means that it is possible to trade shares in ETN through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.

Leave a Reply

Your email address will not be published. Required fields are marked *