CoinShares, a European-based digital asset funding agency, as we speak introduced that the corporate’s XBT Supplier line of cryptocurrency exchange-traded merchandise (ETPs) reached document buying and selling volumes on Monday, January 4, 2021.
With greater than €162M ($202M) in XBT certificates altering arms traded available on the market’s first day of buying and selling in 2021, CoinShares had the best quantity traded in any European listed crypto ETP. XBT Supplier is a Swedish-based issuer of exchange-traded merchandise listed on Nasdaq Stockholm AB.
Since itemizing in 2015, XBT Supplier has achieved quite a few milestones:
December 2017: XBT Supplier crossed $1B in AUM for the primary time.
January 2018: XBT Supplier reached $182M in each day turnover, with a mean each day quantity of $85.5M.
March 2019: CoinShares’ XBT Supplier was named Europe’s most Revolutionary ETP Supplier.
November 2020: XBT Supplier surpassed $2B in AUM.
January 4, 2021: XBT Supplier reached $202M in each day turnover and $2.9B in AUM.
“Our XBT Supplier merchandise proceed to supply publicity to Bitcoin by way of conventional brokerage accounts throughout Europe, making it simple for traders of all kinds to realize publicity to Bitcoin with out the premium related to different merchandise available in the market or the chance of buying and selling and securing your personal property.”
– Chief Govt Officer at CoinShares, Jean-Marie Mognetti