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CoinShares Physical Bitcoin ETP Becomes Europe’s Largest As Bitcoin Hits $100K
The post CoinShares Physical Bitcoin ETP Becomes Europe’s Largest As Bitcoin Hits $100K appeared on BitcoinEthereumNews.com. CoinShares International Limited has announced a landmark achievement of its Physical Bitcoin exchange-traded product. As per CoinShares International Limited, the Physical Bitcoin there has become the biggest ETF in Europe in terms of assets under management as Bitcoin has exceeded the historic $100,000 mark. The platform took to social media to disclose this development. Physical Bitcoin of CoinShares Secures the 1st Position among European ETPs CoinShares mentioned that its Physical Bitcoin has secured the top position in Europe based on AUM coinciding with Bitcoin’s ATH above $100,000. This landmark achievement highlights the growing confidence in investments in digital assets. $BITC, which emerged back in 2021’s January, has gradually obtained traction rising above longer-established opponents such as ETC Group, Bitwise Europe, and 21Shares. The success of the ETP indicates CoinShares’ attention toward investor-focused solutions, strategic structuring, and innovation. This achievement solidifies CoinShares’ status as a leading player in the European market of digital asset ETPs. At the moment, the platform manages more than $5.4B in $BTC across Europe. It combines assets under management from $BITC as well as the XBT Provider Bitcoin products. This adds to the cumulative AUM of the group at $8.9B, endorsing its supremacy in digital assets-based investment solutions. Top Product Structuring, Strategic Distribution, and Competitive Fees Lead to This Landmark Achievement The key driving forces behind the success of $BITC include the top product structuring, strategic distribution, and competitive fees. $BITC prioritizes accessibility, transparency, and security, guaranteeing it copes with the peak standards for retail and institutional investors. Additionally, CoinShares uses an extensive network, ensuring $BITC’s wide availability across Europe, meeting wide-ranging investor profiles. Moreover, the product delivers cost-efficient management fees, attracting numerous investors without any compromise on quality. Frank Spiteri, CoinShares’ Head of Asset Management, also commented on this development. As per the executive, the platform’s…
The post CoinShares Physical Bitcoin ETP Becomes Europe’s Largest As Bitcoin Hits $100K appeared on BitcoinEthereumNews.com.
CoinShares International Limited has announced a landmark achievement of its Physical Bitcoin exchange-traded product. As per CoinShares International Limited, the Physical Bitcoin there has become the biggest ETF in Europe in terms of assets under management as Bitcoin has exceeded the historic $100,000 mark. The platform took to social media to disclose this development. Physical Bitcoin of CoinShares Secures the 1st Position among European ETPs CoinShares mentioned that its Physical Bitcoin has secured the top position in Europe based on AUM coinciding with Bitcoin’s ATH above $100,000. This landmark achievement highlights the growing confidence in investments in digital assets. $BITC, which emerged back in 2021’s January, has gradually obtained traction rising above longer-established opponents such as ETC Group, Bitwise Europe, and 21Shares. The success of the ETP indicates CoinShares’ attention toward investor-focused solutions, strategic structuring, and innovation. This achievement solidifies CoinShares’ status as a leading player in the European market of digital asset ETPs. At the moment, the platform manages more than $5.4B in $BTC across Europe. It combines assets under management from $BITC as well as the XBT Provider Bitcoin products. This adds to the cumulative AUM of the group at $8.9B, endorsing its supremacy in digital assets-based investment solutions. Top Product Structuring, Strategic Distribution, and Competitive Fees Lead to This Landmark Achievement The key driving forces behind the success of $BITC include the top product structuring, strategic distribution, and competitive fees. $BITC prioritizes accessibility, transparency, and security, guaranteeing it copes with the peak standards for retail and institutional investors. Additionally, CoinShares uses an extensive network, ensuring $BITC’s wide availability across Europe, meeting wide-ranging investor profiles. Moreover, the product delivers cost-efficient management fees, attracting numerous investors without any compromise on quality. Frank Spiteri, CoinShares’ Head of Asset Management, also commented on this development. As per the executive, the platform’s…
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