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Title: Swiss Bitcoin ETP Post by: 13bitcoins on November 24, 2018, 12:14:01 PM I tryed find posts explaining this ETP, What is a ETP? This Swiss ETP will buy Bitcoins?
Title: Re: Swiss Bitcoin ETP Post by: Jating on November 24, 2018, 06:57:28 PM I tryed find posts explaining this ETP, What is a ETP? This Swiss ETP will buy Bitcoins? ETP - Exchange Traded Product As per Investopedia: Quote Exchange-traded products (ETP) are a type of security that is derivatively priced and trades intra-day on a national securities exchange. ETPs are priced so the value is derived from other investment instruments, such as a commodity, a currency, a share price or an interest rate. Generally, ETPs are benchmarked to stocks, commodities or indices. They can also be actively managed funds. ETPs include exchange-traded funds (ETFs), exchange-traded vehicles (ETVs), exchange-traded notes (ETNs) and certificates. https://www.investopedia.com/terms/e/exchange-traded-products-etp.asp As far as I know the Swiss ETP, they will have a ticker holder of "HODL". So as per definition, the price could be derived from the price of Bitcoin and other altcoins as well, so its a basket of assets so to speak. |