New crypto ETN from Valour on Xetra: Access to Bitcoin in combination with staking premium
New crypto ETN from Valour on Xetra: Access to Bitcoin in combination with staking premium
Since Friday, a new crypto ETN from Valour has been tradable on Xetra and Börse Frankfurt.
With the 1Valour Bitcoin Physical Staking ETP, investors gain access to the performance of the cryptocurrency Bitcoin and can also benefit from staking rewards. Staking is the process of locking crypto assets on the blockchain to validate transactions. In return, a reward, in this case in the form of CORE tokens, is generated separately and converted into Bitcoin on a daily basis.
The crypto ETN is physically collateralised with Bitcoin and is centrally cleared in trading by Deutsche Börse Group's central counterparty, Eurex Clearing AG.
Name | Asset class | ISIN | Management fee | Crypto currency |
1Valour Bitcoin Physical Staking ETP | Crypto ETN | 0.90 per cent | Bitcoin |
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,278 ETFs, 196 ETCs and 245 ETNs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.