About BTCE ETF
Overview:
Bitcoin ETP is an exchange-traded product incorporated in Germany that tracks the price of Bitcoin. BTCE is 100% physically backed by Bitcoin stored in institutional-grade custody, giving investors a convenient way to get exposure to Bitcoin. BTCE is fully fungible with Bitcoin, is centrally cleared, and structured for investor protection. Bradley Duke, CEO of ETC Group said: “BTCE brings the transparency and investor protection that regulators and institutional investors require to the world of Bitcoin. Investors get the benefits of trading and owning Bitcoin through a regulated security, while having the optionality of redeeming Bitcoin if they choose. We are proud to be listing this product on one of Europe’s top stock exchanges providing people with a safer, better way to invest in Bitcoin".
Bitcoin ETC is only available for Kristal Private Wealth clients with a custody account maintained at Interactive Brokers.
