Cryptocurrency Q&A
Will Invesco bring a bitcoin ETP to London?
Will Invesco bring a bitcoin ETP to London?
SamsungShineBrightnessRadiance
Tue Jul 16 2024
|
7 answers
1562
Could you elaborate on the possibility of Invesco introducing a bitcoin exchange Traded Product (ETP) to the London market? With the growing popularity and acceptance of digital currencies, many investors are eager to gain exposure to Bitcoin in a regulated and transparent manner. Could you discuss the potential implications of such a move, including the potential impact on market liquidity, investor sentiment, and the overall regulatory landscape? Would this be a step towards further legitimizing Bitcoin and cryptocurrencies as a viable investment class?
7 answers
Caterina
Thu Jul 18 2024
Invesco, a leading global investment management firm, has announced plans to expand its Physical Bitcoin ETP to the London market.
Was this helpful?
113
23
Valentina
Thu Jul 18 2024
The ETP, which currently trades in Germany and Switzerland, boasts a total value of $240 million.
Was this helpful?
238
67
SoulStorm
Thu Jul 18 2024
With a minimal fee of 0.39 per cent, the ETP aims to provide investors in the UK with a cost-effective way to gain exposure to Bitcoin.
Was this helpful?
330
27
Alessandra
Thu Jul 18 2024
The UK-listed crypto funds will be structured as exchange traded notes (ETNs), a popular structure across European cryptocurrency markets.
Was this helpful?
375
23
JejuSunshineSoulMateWarmth
Wed Jul 17 2024
ETNs are debt instruments that are linked to the performance of an underlying asset, in this case, Bitcoin.
Was this helpful?
131
25
Load 5 more related questions
