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Abstract:A well-known broker, XTB, announced the launch of three new exchange-traded funds for cryptocurrency investments. The broker is expanding its crypto offerings beyond CFDs. European traders cannot directly invest in these popular currencies.
A well-known broker, XTB, announced the launch of three new exchange-traded funds for cryptocurrency investments. The broker is expanding its crypto offerings beyond CFDs. European traders cannot directly invest in these popular currencies.
Filip Kaczmarzyk, a member of the XTB Management Board, said: “We are regularly answering investors' questions about when they can start investing in Bitcoin ETFs in Europe. While we don't know the answer, we wanted to find an alternative given the interest in crypto.”
The most recent offerings include two exchange-traded notes (ETNs) based on Bitcoin and one ETN based on a combination of the ten most popular cryptocurrencies. The initiative enhances investors' access to digital assets.
About XTB
XTB is a UK-registered online forex and CFD broker that is regulated by the FCA, CYSEC, and CNMV. The company offers trading in a range of financial instruments, including forex pairs, indices, commodities, stocks, and ETFs. XTB provides its clients with advanced trading platforms, educational resources, and a variety of payment methods. The broker also offers competitive spreads with zero commissions and has a maximum leverage of 1:30.
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