DWS Xtrackers Joins SIX Swiss Exchange, Boosting Regulated Crypto Investment with New Bitcoin and Ethereum ETPs

DWS Xtrackers Joins SIX Swiss Exchange, Boosting Regulated Crypto Investment with New Bitcoin and Ethereum ETPs

(IN BRIEF) DWS Xtrackers has debuted on the SIX Swiss Exchange with two new cryptocurrency-backed Exchange-Traded Products (ETPs), focusing on Bitcoin and Ethereum. As the 17th crypto ETP issuer on SIX, DWS Xtrackers strengthens its position in the digital asset market, meeting growing demand from both institutional and private investors for regulated crypto access. SIX now offers 376 crypto ETPs, with Bitcoin and Ethereum leading trading volumes, highlighting a broader trend toward mainstream cryptocurrency investment. Leaders from both SIX and DWS Xtrackers expressed optimism for this partnership, which emphasizes secure and innovative crypto investment solutions.

(PRESS RELEASE) ZURICH, 29-Oct-2024 — /EuropaWire/ — On October 29, 2024, the SIX Swiss Exchange welcomed DWS Xtrackers as its newest issuer of cryptocurrency-backed Exchange-Traded Products (ETPs). The company has introduced two new offerings, providing access to Bitcoin and Ethereum, thus becoming the 17th crypto ETP issuer on SIX. With this addition, SIX now hosts 376 crypto-based products, underscoring the increasing investor interest in digital assets.

The newly listed ETPs from DWS Xtrackers are fully backed, delivering secure and regulated exposure to Bitcoin and Ethereum for both institutional and individual investors. This development highlights DWS Xtrackers’ strategic growth in the digital asset landscape, catering to the rising demand for accessible cryptocurrency investments.

Since the beginning of the year, crypto ETPs listed on SIX have garnered significant trading activity, with a turnover of CHF 1.8 billion and close to 145,000 trades. Bitcoin led market interest, capturing 45.2% of trading volume, followed by Ethereum at 15.0%, and Solana at 11.5%. DWS Xtrackers’ new ETPs align with these trends, providing investors with direct, backed exposure to Bitcoin and Ethereum.

Gregor Braun, Head of Equities & ETF/ETP Sales at SIX, expressed enthusiasm about the partnership, stating, “We’re delighted to expand our collaboration with DWS Xtrackers, enhancing investor access to innovative digital asset solutions. These new listings resonate with our vision to provide a secure and accessible platform for crypto investments.”

Cecilia Enhoerning, Senior Sales Specialist at DWS Xtrackers, shared her perspective, saying, “This launch reflects our dedication to offering forward-thinking and regulated investment options that align with investors’ evolving preferences. As digital assets become increasingly integrated into mainstream finance, we are excited to lead in offering trusted access to this rapidly growing asset class.”

DWS Xtrackers is recognized for its leadership in Exchange-Traded Commodities and cryptocurrency ETPs, committed to expanding digital asset investment opportunities. Its range of products offers secure, transparent, and regulated access to key cryptocurrencies, including Bitcoin and Ethereum.

DWS Xtrackers is a leader in providing Exchange-Traded Commodities and cryptocurrency ETPs, dedicated to expanding investment opportunities in digital assets. DWS Xtrackers offers a range of products that provide investors with stable, transparent, and regulated access to cryptocurrencies, such as Bitcoin and Ethereum.

Product Name Trading Currency ISIN Market Maker
Xtrackers Galaxy Physical Bitcoin ETC Securities CHF CH1315732250 Flow Traders
Xtrackers Galaxy Physical Ethereum ETC Securities CHF CH1315732268 Flow Traders

About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
www.six-group.com

Media Contact:

Julian Chan
Deputy Head Media Relations
+41 58 399 2508

SOURCE: SIX

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