CoinShares Announces Launch of Two New Physically Supported Indices ETP in Main German Market

According to reports, CoinShares today announced the launch of two physically supported indices ETP in the main German market Xetra: CoinShares Physical Top 10 Crypto Market ETP (code: CTEN) and CoinShares Physical Smart Contract Platform ETP (code: CSSC), with a management fee of zero. Both products track customized indexes developed in collaboration with Compass Financial Technologies.

CoinShares launched two zero management fee index ETPs in Xetra, Germany

CoinShares, a leading provider of index-tracking investment products in the digital asset space, announced today the launch of two new physically-supported indices Exchange Traded Products (ETP) on the Xetra platform in Germany. The two products include, the CoinShares Physical Top 10 Crypto Market ETP (CTEN) and the CoinShares Physical Smart Contract Platform (CSSC) ETP. Both indices were developed in collaboration with Compass Financial Technologies and have a management fee of zero.

The Introduction

CoinShares – a leading European digital asset management firm that provides secure, transparent and regulated access to the digital asset ecosystem for institutional investors and individuals – has stepped up its game by introducing two new ETPs in the German market. These physically-supported ETPs have been designed to track customized indices developed in collaboration with Compass Financial Technologies.

Investing in CoinShares Physical Top 10 Crypto Market ETP (CTEN)

The CoinShares Physical Top 10 Crypto Market ETP (CTEN) is an investment product that allows easy and efficient exposure to the top 10 cryptocurrencies in the market. With a management fee of zero, it grants investors the opportunity to obtain diversified exposure to leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), among others. Investors looking to add more diversity to their portfolio can now purchase CTEN and gain exposure to the leading 10 cryptocurrencies in the market, all within one ETP.

Investing in CoinShares Physical Smart Contract Platform (CSSC) ETP

The CoinShares Physical Smart Contract Platform (CSSC) ETP, on the other hand, allows investors to gain exposure to the leading smart contract platforms by tracking a customized index. The investment product has been designed to provide efficient access to major smart contract platforms such as Ethereum, Binance Smart Chain, Cardano, among others, all within one single ETP. With a management fee of zero, investors can now obtain well-diversified exposure to leading smart contract platforms, all within one ETP, rather than having to stock up on multiple tokens or coins.

Why Investing in CoinShares ETPs is the Right Move

Investing in CoinShares ETPs has many advantages, such as low management fees, highly efficient investment solutions, great exposure, and diversification. Investors looking to build a strong and diversified portfolio should consider including CoinShares ETPs in their investment strategy as it is highly cost-effective and less time-consuming than purchasing multiple cryptocurrencies separately.

Conclusion

CoinShares has embarked on providing innovative, trusted, and highly transparent digital asset investment solutions to individuals and institutions. The launch of these two new ETPs in the German market is a testament to their unwavering commitment to providing clients with highly efficient and sophisticated investment tools. Investors looking for a cost-effective approach to gaining exposure to the leading cryptocurrencies and smart contract platforms should consider investing in either of these CoinShares ETPs.

FAQs

1. What is CoinShares?
CoinShares is a leading European digital asset management firm that provides secure, transparent and regulated access to the digital asset ecosystem for institutional investors and individuals.
2. What is an Exchange Traded Product (ETP)?
An ETP is a type of security that is derivatively priced, traded on a stock exchange, and designed to provide investment exposure to one or more underlining assets (such as stocks, bonds or cryptocurrencies) or indices.
3. What are the benefits of investing in CoinShares ETPs?
Investing in CoinShares ETPs has many advantages, such as low management fees, highly efficient investment solutions, great exposure, and diversification. Investors looking to build a strong and diversified portfolio should consider including CoinShares ETPs in their investment strategy as it is highly cost-effective and less time-consuming than purchasing multiple cryptocurrencies separately.
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