Bitcoin Capital and Ficas are closing to create crypto ETFs on Six. To launch on the market

The Swiss cryptocurrency investment manager Ficas and his subsidiary Bitcoin Capital together have listed two actively managed listed products for digital assets on the local SIX stock exchange.

Your new ETPS 1 Ficas Active Bitcoin and 1 Ficas Active Ethereum, which invest directly in their respective physical cryptocurrencies, are available in Switzerland, Liechtenstein and the EU except Hungary.

Bitcoin Capital said that the notations made it possible to simply buy the new ETPs through their banks or brokers, "just like with other listed financial investments such as stocks or bonds".

Luca Schenk, chairman of Bitcoin Capital, said that crypto-assets would "soon be part of the diversification strategy of many investment portfolios".

He added that the two new products of his company, which focus on the two most relevant cryptocurrencies, "can improve the overall portfolio risk through their active management by reducing the underlying volatility".

Bitcoin Capital sees itself as a pioneer in innovative investment products and last year has launched the allegedly first listed, actively managed crypto ETP, the 15 Ficas Active Crypto ETP.

The company said that it is already planning to introduce further new crypto investment products and added that the "crypto trip will not be over".

Last week, the US company Investco was the largest asset manager who launched a Bitcoin ETP in Europe, while the smaller domestic rival Wisdomtree brought three cryptocurrency basket ETPs for European investors on the market at the beginning of this week.

fidelity launched a spot bitcoin ETF in Canada last week and Ignites Europe previously reported that UBS and State Street Global Advisors also examined the potential of products that offer engagement in cryptocurrencies such as Bitcoin.

*Ignites Europe is a intelligence service published by FT Specialist for experts from the asset management industry. It covers everything, from the introduction of new products to regulations and industry trends. Test versions and subscriptions are available at Igniteseurope.com .