Home United Kingdom 21Shares To Start UK Bitcoin ETP On Aquis Swap With GHCO

21Shares To Start UK Bitcoin ETP On Aquis Swap With GHCO

9
0
21Shares To Start UK Bitcoin ETP On Aquis Swap With GHCO

UK commence to employ contemporary successful debut on Euronext Paris and Amsterdam

London | Zurich – 7 June 2021 – 21Shares, the Swiss pioneering Crypto ETP issuer, currently announced that some of the main cryptocurrency substitute traded merchandise (‘ETPs’) will turned into readily in the market to institutional investors in the UK to trade on Aquis Swap. This draw is in partnership with GHCO, a number one market-maker and liquidity provider specialising in ETFs.

Early Newspaper

The 21Shares Bitcoin ETP (ABTC) will turned into readily in the market on Aquis Swap, a pan-European MTF enterprise basically basically based in London and Paris which provides trading in some of the finest and most liquid stocks across 15 European markets. The ETP will most likely be centrally cleared (CCP) and is engineered bask in an ETF. ETPs trade on exchanges in a identical manner to a listed inventory and institutional investors in the UK will find exposure to Bitcoin by technique of a regulated framework and construction which they are already accustomed to. 

The ETP has been designed to make institutional UK investors with find and price-efficient exposure to Bitcoin without the associated Bitcoin custody and security challenges. One unit of 21Shares Bitcoin ETP represents exposure to roughly 0.00035 Bitcoin entitlement.

GHCO, an Permitted Participant (AP) for the 21Shares product, will act because the liquidity provider for the Bitcoin ETP, which methodology that institutional investors can have find entry to to mammoth liquidity as without concerns because the underlying asset. GHCO has been actively trading ETFs and now now not too long previously started quoting crypto ETPs. It has an unrivalled song file in quoting the tightest spreads, a key anticipate for institutional investors.

21Shares is the biggest cryptocurrency ETP issuer on this planet, with over $1.5bn in AUM across 14 ETPs readily in the market on quite a bit of European inventory exchanges. The UK commence follows over two years of successful testing and launching of cryptocurrency ETPs by 21Shares for institutional investors in Germany, Switzerland, France, Austria and the Netherlands. 

21Shares and Aquis Swap plan to cooperate on bringing extra of 21Shares’ suite of institutional cryptocurrency merchandise to institutional investors in the UK, along side ETPs in other infamous cryptocurrencies equivalent to Ethereum, Ripple, Tezos, Polkadot, Cardano and Stellar.

Hany Rashwan, CEO of 21Shares acknowledged: “Here’s the actual time to mutter our successful crypto ETP to the institutional UK market. Our stable song file and new institutional attain across continental Europe methodology that investors can confidently assemble exposure to Bitcoin by technique of a liquid and primitive funding product.”

Dan Izzo, CEO of GHCO, added: “ETPs are a key pattern for investing in crypto belongings because it matures as an asset class. We question extra anticipate for this reputable, without concerns-accessible infrastructure with deep pools of liquidity – liquidity that we’re happy to facilitate.”

Alasdair Haynes, CEO of Aquis Swap concluded: “We now have got been working alongside 21Shares on this project as we’re involved to answer to institutional anticipate in the UK for digital belongings.”

21Shares Bitcoin ETP will most likely be readily in the market on Aquis Swap for professional investors only. The impending UK commence is anticipated to remove space this summer season and follows contemporary successful debuts on Euronext Paris and Amsterdam on 1st June.

ISIN : CH0454664001 – ABTC –  21Shares Bitcoin ETP (man. charges 1.49%) in USD & GBP

About 21Shares 

21Shares makes investing in crypto belongings as easy as purchasing for shares utilizing your primitive broker or bank. Merchants can make investments in cryptocurrencies utilizing a primitive ETP construction (or tracker) without concerns, with total self assurance and security and price-effectively due to the the 21Shares suite of ETPs now tranquil of 14 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW | 21XB:GY), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW | 21XX:GR), 21Shares Bitcoin Money ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW), 21Shares Fast Bitcoin ETP (SBTC:SW | 21XS:GY), 21Shares Polkadot ETP (ADOT:SW | PDOT:GR), 21Shares Stellar ETP (AXLM SW | XLME GR) and 21Shares Cardano ETP (AADA SW | DADA GR). Your total suite is listed on a regulated framework on the reputable market of Deutsche Boerse, SIX Swiss Swap, BX Swiss and a few on Börse Stuttgart in CHF, USD, GBP and EUR respectively. Based mostly in 2018, 21Shares is led by a crew of talented serial entrepreneurs and skilled banking professionals from the technology and financial world. Integrated in Zug, with locations of work in Zurich and Current York, the firm has launched quite a bit of world firsts, along side the main listed crypto basket index (HODL) ETP in November 2018. 21Shares has 14 crypto ETPs listed currently and has over $1.5 Bn in AuM in total listed merchandise.

About GHCO

GHCO is most likely some of the fastest-increasing liquidity services specialising in substitute traded funds. It strives to make ETFs accessible in every market worldwide with a focal point on life like algorithmic trading, tight spreads, reputable presence and the expertise to cost a gargantuan series of merchandise.

With locations of work in the UK and US, GHCO is a market maker on and off all major European exchanges. At some stage in a single trading day, GHCO quotes thousands of merchandise and helps asset managers to mutter even potentially the most area of interest and esoteric merchandise to market.

For added knowledge, please search the advice of with: www.ghco.co.uk

About Aquis Swap

Aquis Swap PLC is an substitute companies crew, which operates pan-European money equities trading companies (Aquis Swap), growth and regulated main markets (Aquis Stock Swap/AQSE) and develops/licenses substitute tool to third parties (Aquis Technologies).

Aquis Swap is well-liked and regulated by the UK Monetary Behavior Authority and France’s Autorité des Marchés Financiers to feature Multilateral Shopping and selling Facility companies in the UK and in EU27 respectively. Aquis operates a lit tell e-book and would now not enable aggressive non-shopper proprietary trading, which has resulted in lower toxicity and signalling likelihood on Aquis than other trading venues in Europe. In line with impartial stories, trades on Aquis are less susceptible to result in price circulate than on other lit markets. Aquis makes employ of a subscription pricing model which works by charging users in step with the message traffic they generate, reasonably than a share of the associated price of every inventory that they trade.

Press Contact

Laurent Kssis +41 44 260 8660 [email protected]

Belinda Keheyan +44 7768 078 110 [email protected]

Freddie Barber +44 7825 197 570 [email protected]

Disclaimer 

This yarn and the tips contained herein are now now not for distribution in or into (straight or come what may per chance) the USA, Canada, Australia or Japan or another jurisdiction all over which the distribution or release may per chance well presumably be unlawful. This yarn would now not constitute a proposal of securities for sale in or into the USA, Canada, Australia or Japan. This yarn would now not constitute a proposal to sell, or a solicitation of a proposal to remove, any securities in the USA. The securities of 21Shares AG to which these provides tell have now now not been and may per chance well presumably also now now not be registered under the USA Securities Act of 1933, as amended (the “Securities Act”), and ought to quiet now now not be supplied or sold in the USA absent registration or an relevant exemption from, or in a transaction now now not area to, the registration necessities of the Securities Act. There may per chance well presumably also now now not be a public offering of securities in the USA.This yarn is purely being dispensed to and is purely directed at: (i) to funding professionals falling interior Article 19(5) of the Monetary Services and Markets Act 2000 (Monetary Promotion) Listing 2005 (the “Listing”); or (ii) excessive get price entities, and other persons to whom it may per chance per chance perhaps presumably also lawfully be communicated, falling interior Article 49(2)(a) to (d) of the Listing (all such persons collectively being ceaselessly known as “relevant persons”); or (iv) persons who plunge interior Article 43(2) of the Listing, along side new participants and collectors of the Firm or (v) another persons to whom this yarn will most likely be lawfully dispensed in circumstances where piece 21(1) of the FSMA would now not be conscious. The Securities are only readily in the market to, and any invitation, provide or settlement to subscribe, remove or otherwise assemble such securities will most likely be engaged in barely with, relevant persons. Any particular person that’s now now not a relevant particular person ought to quiet now now not act or rely on this yarn or any of its contents. In any EEA Member Remark (rather then the Austria, Belgium, Denmark, Finland, France, Germany, Worthy Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has conducted the Prospectus Law (EU) 2017/1129, along with any relevant imposing measures in any Member Remark, the “Prospectus Law”) this dialog is purely addressed to and is purely directed at certified investors in that Member Remark all around the which methodology of the Prospectus Law. Completely for attainable investors in Austria, Belgium, Denmark, Finland, France, Germany, Worthy Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Obnoxious Prospectus (EU) is made readily in the market on the Issuer’s web mutter under www.21Shares.com. The approval of the 2019 Obnoxious Prospectus (EU) ought to quiet now now not be understood as an endorsement by the SFSA of the securities supplied or admitted to trading on a regulated market. Eligible attainable investors ought to quiet read the 2019 Obnoxious Prospectus (EU) and the relevant Final Terms earlier than investing decision with a opinion to occupy the aptitude risks associated to the choice to make investments in the securities. You’re about to remove a product that’s now now not straightforward and ought to quiet be hard to occupy. This yarn is now now not a proposal to sell or a solicitation of a proposal to remove or subscribe for securities of 21Shares AG. Neither this yarn nor something contained herein shall set the root of, or be relied upon in connection with, any provide or commitment whatsoever in any jurisdiction. This yarn constitutes commercial all around the which methodology of the Swiss Monetary Services Act and now now not a prospectus. Copies of the present Obnoxious Prospectus dated 13 November 2020 are readily in the market freed from cost from the web mutter of the Issuer. Subject to relevant securities laws, the Obnoxious Prospectus and the remaining phrases of any product mentioned herein will most likely be got from 21Shares AG on the internet mutter. Copies of this yarn may per chance well presumably now now not be despatched to jurisdictions, or dispensed in or despatched from jurisdictions, all over which right here is barred or prohibited by legislation. The guidelines contained herein would now not constitute a proposal to sell or the solicitation of a proposal to remove, in any jurisdiction all over which such provide or solicitation may per chance well presumably be unlawful forward of registration, exemption from registration or qualification under the securities laws of any jurisdiction.


Source:
21Shares To Start UK Bitcoin ETP On Aquis Swap With GHCO – GlobeNewswire

LEAVE A REPLY

Please enter your comment!
Please enter your name here