The new CoinShares ETPs will be listed on Germany’s Xetra exchange. Investors have access to crypto-assets that rely on Proof-of-Stake (PoS) consensus algorithms. This means that the token holders can stake their cash in a bid on the network. For this, they will be rewarded.
Physically backed ETPs usually charge nominal management fees on a regular basis. CoinShares seems to have lowered the charges to boost coin payment for each ETP. Hidden XTZ and DOT are really noteworthy. Now the administrator who keeps them can no longer remove them. ETP “continues to be 100% physically backed.”
In 2015, CoinShares also launched Europe’s first Bitcoin ETP. It launched products that offer traders a variety of crypto asset promotions. Its product list consists of Ethereum ($ ETH), Litecoin ($ LTC), and $ XRP products.
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