Eurex announced this August 20 that it will integrate a new type of Bitcoin futures contracts, of the ETN type. However, the release date will not be immediate, but will take place days later. Still, it is a great way to offer exposure to the crypto market.
In principle, it is worth noting that Eurex is the largest derivatives market in Europe. And, with the integration of BTC ETN futures contracts, the platform will now be more complete, since it will be the first regulated market that will offer exposure to cryptocurrency derivatives in that continent.
As announced in a publication which was made via Twitter from the official Eurex profile, today they are happy to announce the integration of Bitcoin ETN futures contracts. In addition, in his own words, the attachment of this type of contract has been made initially because the ETNs were very successful in Xetra, a market for shares and ETFs from Germany.
Europe’s largest derivatives market to integrate Bitcoin futures ETNs
In addition to the aforementioned, they also pointed out in the Twitter post, that they have integrated future Bitcoin ETNs with security and user experience in mind. Since, of course, Eurex is regulated, so the user or investor who wishes to expose themselves to Bitcoin can do so on a secure, regulated and centralized platform, which also guarantees an unbeatable experience.
It is worth noting that they made a publication on their official website, where they highlight every detail of the crypto adoption that they are about to do. Adding first of all, that this type of contract will be available from September 13.
They also added that the type of contract is based on BTCetc (Bitcoin Exchange Traded Crypto). Which is listed on the stock market, and has also been present in various types of ETF or ETN.
In short, the goal is that Eurex investors or participants can also have exposure to Bitcoin. However, the risks will be minimal because you are on a regulated platform that supports your funds, and that also has strict policies to comply with.
Therefore, Eurex found satisfaction in highlighting the interesting news that investors of all kinds will now be able to have exposure to BTC safely. Exactly, the board of directors highlighted:
«There is currently high demand from institutional investors who want exposure to Bitcoin in a safe and regulated environment. For this reason, we are pleased to announce that we are the first regulated exchange to adopt this type of contract to offer exposure to future ETNs and guarantee high levels of security to investors.», Declared the board of directors of Eurex.