I tryed find posts explaining this ETP, What is a ETP? This Swiss ETP will buy Bitcoins?
ETP - Exchange Traded Product
As per Investopedia:
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.aspAs 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.