Deutsche Börse has appointed SEBA Bank as new issuer of Cryptocurrency ETNs that tracks the performance of Bitcoin, Ethereum, Polkadot and other cryptocurrencies.
Since Monday, four cryptocurrency products issued by SEBA Bank have been tradable on Xetra and via Börse Frankfurt for the first time.
The four Exchange Traded Notes (ETNs) from SEBA Bank give investors easy access to the performance of the cryptocurrencies Bitcoin, Ethereum and Polkadot. In addition, an ETN tracks the performance of the SEBA Crypto Asset Select Index (SEBAX). This currently comprises the cryptocurrencies Bitcoin, Ethereum, Solana, Litecoin, Cardano, Polkadot and Avalanche.
The ETNs are physically collateralised by the respective underlying cryptocurrencies and are available to investors in the two trading currencies EUR and USD.