Exchange-Traded Notes for XRP, Litecoin Launch on Boerse Stuttgart
Germany’s second-largest stock exchange, Boerse Stuttgart, now offers trading in XRP and litecoin-based ETNs issued by XBT Provider.
The new listing makes inverse trackers widely accessible to European retail investors.
Blocknox, a subsidiary of the second-largest German stock exchange, is expanding its crypto custody service to institutional players.
Europe's fifth anti-money laundering directive seems to have increased institutional interest in crypto, says Ulli Spankowski, Boerse Stuttgart's chief digital officer.
German stock exchange owner Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to expand their digital assets businesses internationally.
BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors.