CoinShares Launches New Physically-backed Bitcoin Exchange Traded Product (ETP)
Head of Product, Townsend Lansing commented: "Since 2014 CoinShares has provided an effective bridge between the cryptocurrency ecosystem and traditional finance via our XBT Provider family of ETPs.
- Head of Product, Townsend Lansing commented: "Since 2014 CoinShares has provided an effective bridge between the cryptocurrency ecosystem and traditional finance via our XBT Provider family of ETPs.
- BITC is physically backed meaning a dedicated CoinShares entity directly holds the underlying digital assets which are custodied by Komainu .
- CoinShares has also partnered with market-leading Authorised Participants and Market Makers who will support the product line's liquidity.
- We're looking forward to servicing both new and existing investors with our new CoinShares Physical product line."