BTCetc: Bitcoin Exchange Traded Crypto Ticker

Launched by ETC Group

ETC Group, a leading provider of cryptocurrency exchange-traded products, has launched BTCetc - Bitcoin Exchange Traded Crypto Ticker (BTCE). This new product allows investors to trade bitcoin on regulated exchanges, providing them with an easy and secure way to access the cryptocurrency market.

Groundbreaking Exchange-Traded Cryptocurrency

BTCetc is a groundbreaking exchange-traded cryptocurrency (ETC) that tracks the price of bitcoin. It is structured like a bond and comes with all the perks of trading on a regulated exchange, including transparency, liquidity, and security. BTCetc is also backed by physical bitcoin, which is held in cold storage by ETC Group's custodian.

Impressive Growth and Popularity

Since its launch, BTCetc has quickly gained popularity among investors. In less than two months, it has hit USD49 million in assets under management (AUM). This impressive growth is a testament to the increasing demand for regulated and secure ways to trade bitcoin.

In conclusion, BTCetc is a major innovation in the cryptocurrency market. It provides investors with a convenient and secure way to trade bitcoin, and its impressive growth indicates that it is meeting a high demand. As the cryptocurrency market continues to mature, products like BTCetc are likely to play an increasingly important role in providing investors with access to this exciting asset class.