ETP

idrinkforbadges

what about Blackrock Bitcoin ETP? https://www.cfbenchmarks.com/blog/blackrock-enters-europes-bitcoin-etp-market-with-ib1t

idrinkforbadges

Can't you just buy a Euro Denominated Bitcoin ETP in Euros on European exchanges?

zxsmart

>His concern is ETFs ( or ETPs as you like to say, P is not close to F so you didn’t fat finger it you mental midget) not buying the actual amount of bitcoin to match the fund assets. The products that are colloquially called "Bitcoin ETFs" are not ETFs, they are exchange traded products. https://www.investopedia.com/etp-vs-etf-what-is-the-difference-8557256# (yes, I know the article I am linking incorrectly lumps Bitcoin in with "crypto" and says they are ETFs in one line at the bottom, but this is incorrect). How stupid do you feel right now? >Paper bitcoin results in price suppression. 1) Do you have any evidence that this type of fraud is being committed by the ETP managers? Or are you just making this up like a school boy with a runaway imagination? 2) This is not technically true. There is no single "price of Bitcoin"; there are instead prices of many bitcoins at the marginal selling price of the person or entity holding them. My Bitcoins are not for sale for dollars, for example. In a fictional world where your delusional and nonsensical fears were true, there would be a bifurcated price emerge where a market price to acquire bitcoin would be different than the product you so eloquently refer to as "paper bitcoin", which I assume is because you went to public school and do not understand fiduciary media. >Go fly a kite junior. The 1950s called. They want their snarky comment by failed old men back. >Side note: I’m dying to see what you cook up in response. Please do everyone a favor and grasp the concepts before you pull out the flame thrower. I’ll save you a search of my profile history, I have a good deal more fun and bitcoin than you. hahahahaha

Chemical-Oil2657

Yeah i want to know which ETF / ETP = which custodian

aaj094

In Europe, you have Bitwise Core Bitcoin ETP that charges 0.2% https://etc-group.com/products/bitwise-core-bitcoin-etp/ In the US, you have Grayscale Bitcoin mini Trust (ticker BTC) that charges 0.15%. https://etfs.grayscale.com/btc

uncapchad

looks like you need a trading account with one of these exchanges "The iShares Bitcoin ETP will list on Xetra and Euronext Paris under the ticker IB1T and on Euronext Amsterdam under BTCN"

extrastone

Imagine that the government one day said that bitcoin is evil but for all of the people who invested we can give you a refund at $10,000 per coin. If you own the ETP, you'll get $10,000 per coin. If you self custody real bitcoin you can simply fly to another country and use it there with the same seed words.

Elly0xCrypto

I have 21 shares bitcoin core ETP on t212 and I'm only buying it from there, because in the long run i can easily conver it to dividend paying stocks and get mostly income, but mainly my btc is on my ledger

Huge-Paramedic-739

Or, both? There’s great tax benefits of ETP’s in case you need to sell for whatever reason.

Holicron78

The OP is obviously from Europe and we don't have the same prices as US * *VanEck Bitcoin ETN* (Xetra) has **1.00% fee** * *Fidelity Physical Bitcoin ETP* (Xetra) has **0.35% fee** * There is no GBTC in Europe The only one that challenged BlackRock after their launch was *WisdomTree Physical Bitcoin* (Xetra) with similar **0.15% fee** until the end of year

letsgooo26

A blockrock ETP / ETF will be more than likely Very popular. Just wait for XRP ETFs on top of that and the formula you get is 🔥🚀💲🚀💲🚀💲👀

TempMobileD

For anyone American who isn’t aware, the UK has a tax wrapper called an ISA that allows you to invest a certain amount every year with tax free profits. Currently the best (?) way to get bitcoin exposure in an ISA is to buy MSTR. A blackrock ETP will probably be popular!

coinfeeds-bot

tldr; The SEC's Crypto Task Force held meetings with BlackRock and the Crypto Council for Innovation's Proof of Stake Alliance to discuss crypto exchange-traded products (ETPs). BlackRock addressed in-kind redemptions and workflows for crypto ETPs, while the Proof of Stake Alliance discussed staking models and their implications for ETPs. These discussions aim to advance regulatory clarity for crypto financial products, reflecting institutional interest in integrating staking and other features into crypto ETP frameworks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Analog_AI

Mate, my reading is that not just Britain but every European country plus Japan and South Korea (in fact all g20 countries and even beyond) will be forced to follow suite. If they don't open some form of ETP/ETN/ETF for Bitcoin, they will see a large capital outflows their financial sector will become less efficient than that of countries that did. Competition and capital flight are great motivators. And there is FOMO at the national level too, not just among individuals.

Dramatic-Battle-9737

Since the ETP has been approved by the UK FCA, does that mean it *should* be available in the UK? I tried to find details of which exchanges available in UK list it, but cannot.

StockAssociation8441

The post mentions the ETP is available via the Euronext stock markets in France and Amsterdam, no word of it being available in the UK (yet) Hopefully the FCA will keep their promise of regulating crypto by 2026 and allow retail to purchase Bitcoin and crypro ETP/ETF/ETNs etc 🤞🏼

coinfeeds-bot

tldr; BlackRock has been approved by the UK's Financial Conduct Authority (FCA) as a crypto asset firm, enabling it to provide crypto services in the UK. This follows the launch of its iShares Bitcoin exchange-traded product (ETP) in Europe, listed on Euronext markets in Paris and Amsterdam. BlackRock, managing $12 trillion in assets, joins firms like Coinbase and PayPal on the FCA's registry. The ETP targets institutional and informed retail investors, reflecting growing demand in the crypto industry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

uncapchad

Intrigued to read that "The ETP is available to both institutional and informed retail investors". Any UK people know how to become "an informed retail investor?" AFAIK these ETP/ETNs were previously forbidden to retail in the UK

redhtbassplyr0311

No, it's paper gold. I own some IAU which is a gold trust. They back your purchase in gold and the paper derivative tracks gold spot price however you have no ability to see or hold the gold yourself. Not unlike the Bitcoin ETF/ETP's. For that you need physical gold. I've purchased that through JM bullion and have bought many gold coins from various sources over the years

redhtbassplyr0311

Gold has been around for quite a while and has spot ETFs and trusts established, none of which pay any dividend yield that I know of. Gold is not an income generating asset, so if Bitcoin is equivalent to digital gold other than loans using Bitcoin is collateral like you have stated, I don't know that it'll ever be an asset that is income generating in of itself or through a newly created ETP even. Loans will be a thing eventually because banks will eventually want your Bitcoin. If you put it up as collateral, there's a chance you'll forfeit it due to defaulting on the underlying loan. Win for them. I think it's too early to see how this will work in a mainstream way though. The only institutions that I know of that provide loans using Bitcoin as collateral now are not institutions people are overly familiar with and most aren't insured and have high interest rates associated with them which lessens the attraction

pipasnipa

Less than 5% of my investment portfolio in bitcoin/bitcoin ETP

csfrayer

Gold certificates, along with the entire financial industry, are digitized already. ETP commodity pools in gold already exist. There's no point putting a thing that requires centralization and trust on a technology whose only benefit is decentralization and trustlessness.

csfrayer

The bitcoin community killed itself. It abandoned BTC as a decentralized currency alternative to the traditional financial system when it demanded the SEC allow traditional firms like Blackrock to put it in an ETP. Maybe it will go up. Maybe it will go down. But now it's just another financial instrument subject to the same unfair influences of the financial system it sought to fight.

apkatt

Because you can place the ETF in accounts with favorable tax regimes. Cardano ETP:s have been around for years and in Sweden we have a low tax savings account for stocks/funds etc in which you can place the Cardano ETP and pay around 1% yearly tax on holdings instead of 30% on gains.

TLOBTC

The FBTC is aimed at U.S. investors and is structured as an ETP with custody provided by Fidelity Digital Asset Services. The Fidelity Advantage Bitcoin ETF (O guess you mean this one?) is designed for Canadian investors, but specific details about its structure and custody arrangements are not provided or I cannot find it right now.

coinfeeds-bot

tldr; Ether ETPs attracted $793 million in weekly inflows, surpassing Bitcoin ETPs for the first time in 2025. This marked a significant shift as Ether ETPs outpaced Bitcoin ETPs, a trend not seen since late 2024. The increase followed a drop in Ether's price below $2,700, prompting buying interest. Despite this, Bitcoin still leads in total inflows for 2025 with nearly $6 billion, significantly higher than Ether's year-to-date total. Altcoins like XRP and Solana also saw notable increases in ETP inflows. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Worth_Tip_7894

So in a short space of time we had the Cardano ETP, Cardano ETF and this Walmart news, and Cardano only rose 14%. Its so annoying that the crypto markets are now run by TA gazers, who wouldn't know a fundamental if a meteor crashed through their roof. "But mah squiggly lines say it's bearish".

Worth_Tip_7894

I wonder if they will include staking like the recent ETP did? Cardano's unique staking mechanism makes that possible.

Disapproving_Bun_82

Are you suggesting we should just buy a Bitcoin ETP in a Roth account? There we won't own the asset though! Looks like a catch 22...

apkatt

An ETF is a type of ETP, Exchange Traded Product. ETP is technically more correct in this case since it is just a single underlying asset. ETF:s contain many underlying assets (e.g. different stocks).

apkatt

This is not the first Cardano ETP in Europe, they have been around for many years. There is even one traded in SEK: [https://valour.com/en/products/valour-cardano-ada-sek](https://valour.com/en/products/valour-cardano-ada-sek)

coinfeeds-bot

tldr; Virtune AB, a Swedish digital asset manager, has launched the Virtune Staked Cardano ETP, the world's second investment product offering exposure to ADA, and the Avalanche ETP in Europe. These ETPs are physically backed by the underlying assets held by Coinbase and are available to Finnish investors. The Cardano ETP includes a staking mechanism, offering an additional 2% annual return. This launch follows Virtune's initial success with crypto ETPs on Nasdaq Helsinki, marking significant growth in the European staked crypto ETP market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Gjallarhorn_Lost

In the context of Bitcoin, “ETP” stands for Exchange-Traded Product. An ETP is a broad category of securities that trade on stock exchanges, and are designed to track the value of an underlying asset, such as Bitcoin.

Terrible_Bread_2341

What’s a ETP?

flippity-dippity

There are already lots of bitcoin ETP available in Europe. BlackRock is not the first here.

truthwatcher_

It's not as big as it seems. Bitcoin ETP have been available in Europe even before the etf have been available in the US

Unfnole23

I interpret it to mean blackrock will list bitcoin ETP in Europe

coinfeeds-bot

tldr; BlackRock plans to launch a Bitcoin exchange-traded product (ETP) in Europe, following the success of its US Bitcoin ETF, the iShares Bitcoin Trust (IBIT). The new ETP is expected to be based in Switzerland and could debut as soon as this month. This move marks BlackRock's first crypto ETP in the European market, expanding its digital asset offerings beyond North America. The European crypto ETP market is smaller than the US, but Bitcoin's recent highs and increased regulatory clarity in the EU are driving interest. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

HSuke

You get an ETP, and you get an ETP, and you get an ETP. Everyone gets an ETP!

biba8163

We will see. There are already ETH Staking ETPs on non-U.S markets which are also available to accredited and institutional investors in the U.S and there doesn't seem to be much interest if that's what people are waiting for. Just for comparison, the Grayscale non-ETF products are essentially ETPs and there was a great deal of interest in BTC. Also, when Fidelity offered the Swedish BTC ETP to bypass the SEC which did not approve the BTC ETF, there was a lot of buying from institutions and accredited investors. To me it just shows, there is little interest in Ethereum. It's mostly a crypto bros thing.

coinfeeds-bot

tldr; Valour Digital Securities Limited, in collaboration with The Hashgraph Group, has launched a new Hedera HBAR ETP on Euronext Amsterdam. This marks the first physically backed Hedera ETP under Valour's base prospectus, expanding access to Hedera's native token, HBAR, for European investors. Hedera is a leading energy-efficient Proof-of-Stake public network, governed by global enterprises. The ETP aims to bridge traditional finance with decentralized technologies, offering broader market accessibility for institutional and retail investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ts_wrathchild

IF the incoming US admin is serious AND they create a transparent framework for digital assets, you won’t find a bank or brokerage platform that *doesn’t* want you trading them. In that same platform, you’ll be able to buy Bitcoin directly, not just the ETP’s. So let’s hope the next 4 years yields the results that my Bitcoin brethren said they would. Fingers crossed.

coinfeeds-bot

tldr; Swiss ETP issuer 21Shares predicts significant developments in the crypto market by 2025, including another nation adopting Bitcoin as a reserve asset, with Argentina as a potential candidate. The firm anticipates Bitcoin's total value locked to exceed $10 billion, indicating its growing utility. Ethereum is expected to experience a resurgence in revenue growth, surpassing 100% of its target due to strategic integrations. The report also forecasts increased adoption of stablecoins and a rise in crypto exchange-traded products to $150 billion in assets under management. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Individual_Refuse_30

Doesn't trade republic crypto is simply ETP? I am currently using Scalable Capital for non-crypto matters and they also do have the "crypto" which in reality are ETPs. Problem with these is not just that you don't own them but: \- Massive entry and exit fees (+ management fees of course) \- Tax!! As you know in Germany Cryptos are tax-free if you hold them directly but these ETPs (CoinShares, etc) are not considered securities, so you will end up paying **25% capital gain tax + 5.5% solidarity subcharge + potential church tax if applicable.** Tax alone is not worth using these platforms. Use exchange instead.

chenrung

You can't buy bitcoin directly on the stock market. You'll have to either buy an ETF or IBIT is an ETP by Blackrock. Or you could sign up to a crypto exchange like coinbase, kraken crypto.com. Alternatively if you just want to keep it to stocks then investing in MSTR and COIN and probably your best bets as they are linked directly with the crypto markets.

Kraken_Two

I know this post is a little old but DEFTF has soared. Are you still holding? Deciding on YOLOing it especially since crypto is booming, they are debt free, first to launch ETP in a number of markets, their crypto arbitrage fund has never generated losses, and most importantly they should be listed on NASDQ soon. I put 10k on the beginning of the month when it was under $2.00 but debating on putting 50k more 👉🏻👈🏻🥺

Aromatic_Mention_491

12 Reasons to be bullish on XRP The Altcoin bull run hasn’t started as showcased by the ALTCOIN index. BTC dominance is still relatively high Gensler hasn’t left office yet but will soon The results of the Trump and Ripple CEO meeting haven’t come to light The Ripple case hasn’t been settled, but it probably will soon post-Trump inauguration day, Jan 20, 2025 Japanese banks haven’t started using XRP yet but will in 2025, as announced by Yoshitaka Kitao, CEO of SBI. RLUSD for cross-border remittance has not gone online and is expected to anytime soon The previous XRP ATH has not been reached yet, and we have not embarked on uncharted territory. Retail is starting to warm up to crypto once again ETP/ETFs have not been approved yet for XRP. Expect to hear rumors and news in mid-2025 The BTC crypto bill (S.4912 — 118th Congress (2023-2024) in the USA has not been passed yet. The BITCOIN Act calls for annual purchases of up to 200,000 BTC for five years, for a total of 1,000,000 BTC. At current prices, this means that if the bill passes, approximately $6.4 billion worth of bitcoin — that would have been sold otherwise — will no longer hit the market Banks and fintech organizations worldwide are still discussing how to add XRP to their existing rails to minimize the cost of funds for payment rails. Bank's Fintech Organizations have not added BTC to their balance sheets if done, will add further FOMO and buy pressure, which has a cascade effect down to ALTS as new ATH are reached Governments worldwide will follow what the USA does around crypto regulations and laws passed because that's how things are in this space.

coinfeeds-bot

tldr; XRP has reached a new year-to-date high of $1.68, marking a 40% increase this week and a 232% rise over the past 30 days. The surge is supported by increased on-chain activity, with active accounts on the XRP network rising significantly. The bullish momentum is further fueled by Ripple's partnership with Archax and Bitwise's rebranding of its European XRP ETP. XRP's price breakout from a bull flag pattern suggests a potential target between $1.95 and $2.05. However, bearish divergences and low trading volumes indicate a possible market reversal. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Dogecoin has surpassed Porsche's market capitalization, reaching $57.8 billion compared to Porsche's $56.1 billion. This surge is attributed to endorsements from Elon Musk and the potential launch of a Dogecoin exchange-traded product (ETP) by Valour. Musk's involvement in the Department of Government Efficiency, sharing the same acronym as DOGE, has also fueled interest. Dogecoin's market cap has risen 395% over the past year, while Porsche's has fallen 34%. Traders predict further growth for Dogecoin based on technical chart patterns. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

jawni

>but in reality it takes years to build real products with a real user base and technological base to expand from. most chains don't have a real userbase and that includes most dino coins. >The biggest scam this cycle has been getting newbies to invest in shitty memes + centralized VC chains, while thinking real projects who've been building for years & with real community are "dino" coins, the rotation into strong projects with real innovation & utility like polkadot & ada has only just begun. The biggest scam this cycle has been this subreddit convincing the users that just because a blockchain is funded by a certain type of funding, that it can't support real projects or build a real community. >the rotation into strong projects with real innovation & utility like polkadot & ada has only just begun. which specific innovations and utilities are you referring to? >Institutions & large investors are not going to buy your popcat, or crappy sol meme They already are buying memes and they're going to keep buying more. [This is just the first of many, a BONK ETP.](https://solanafloor.com/news/osprey-funds-bonk-etp-launches-will-bonk-repeat-q4-2023-price-surge) Also you have to realize that it really doesn't matter for memecoins, because even without "Institutions & large investors" even the memecoin with the 50th most volume is going to still have millions in volume. It's not other chains where even when your biggest memecoin is at an ATH that it's still only doing under $3m in volume per day.

Ill_Revolution_3884

3 - 5x leveraged MSTR ETP

chintokkong

Wisdomtree launching of XRP ETP https://x.com/wisdomtreeeu/status/1859540900390547957?s=61&t=Onf0L7P1MHOIzAlYQrg04g

coinfeeds-bot

tldr; BlackRock's iShares Bitcoin Trust options are set to begin trading tomorrow, as confirmed by Alison Hennessy, head of ETP listings at Nasdaq. The Options Clearing Corporation has stated its readiness to clear and settle these options, following the SEC's approval and the CFTC's advisory. The iShares Bitcoin Trust has $43 billion in assets and holds nearly 472,000 Bitcoin, indicating strong institutional interest. This development comes amid a surge in Bitcoin ETF trading volumes, coinciding with Donald Trump's recent presidential election victory. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

kers2000

Reasons why BONK is pumping hard: upcoming BONKmas + ETP product to prepare a BONK ETF next year. Do with this alpha as you wish. It already flipped WIF.

kers2000

Good entry, it's on path to be the first memecoin with an ETF/ETP.

coinfeeds-bot

tldr; The article discusses the potential for XRP, Aptos (APT), and Chainlink (LINK) to lead a rebound rally in the crypto market. Despite a bearish sentiment and geopolitical tensions affecting the market, these altcoins show promise. XRP gains attention due to Bitwise's ETP filing and ongoing legal battles with the SEC. Aptos sees a price boost from acquiring HashPalette Inc., enhancing its presence in Asian markets. Chainlink's Cross-Chain Interoperability Protocol attracts institutional interest, though it recently experienced a price drop. These factors position them as potential leaders in a market recovery. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

jawni

hilariously all of the tradfi examples there could apply to Solana as well with the exception of Sony, but that's not really a tradfi company anyways. Blackrock: OUSG fund tokenized by Ondo on Solana Wisdom Tree: Offers Solana ETP Visa: stablecoin settlement on Solana Paypal: PYUSD on Solana, [also they seem to prefer Solana over Ethereum](https://x.com/MilkRoadDaily/status/1836996017797095550)

BestZed

BONK bout to launch ETP

centralizedentity

[https://etfs.grayscale.com/gbtc](https://etfs.grayscale.com/gbtc) Right at the top > **The Grayscale Bitcoin Trust ETP (“GBTC”) is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETPs.**

coinfeeds-bot

tldr; Bitwise Asset Management has acquired ETC Group, a London-based digital asset manager, elevating Bitwise's assets under management (AUM) to over $4.5 billion. This acquisition allows Bitwise to expand its offerings in Europe, including Europe’s largest physical Bitcoin ETP, the ET32 Ethereum staking ETP, and the ESOL Solana physical ETP. The move is part of Bitwise's strategy to provide institutional-grade crypto investment products to European investors and reflects a broader industry trend of consolidation to enhance competitive positions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; Defiance has launched MSTX, a MicroStrategy 1.75x ETF, making it the most volatile ETF in the US market. MSTX offers indirect exposure to Bitcoin through MicroStrategy's significant holding of 226,500 BTC. Despite its high volatility, with an estimated 168 volatility points over 90 days, it still ranks below the GraniteShares 3x Long MicroStrategy Daily ETP Fund in Europe in terms of leverage. MicroStrategy, under Michael Saylor, has seen its shares grow by 95% in 2024, with an unrealized profit of nearly $5 billion from its Bitcoin holdings. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

biba8163

If you are a accredited investor you can ask access to the GraniteShares 3x Long MicroStrategy ETP lol

coinfeeds-bot

tldr; Fidelity's Physical Bitcoin ETP has been listed on the London Stock Exchange, targeting UK professional investors. This move follows new Financial Conduct Authority regulations allowing crypto asset-backed ETPs for professional investors. The ETP, which started trading on the Deutsche Börse Xetra and SIX Swiss Exchange in February 2022, is fully collateralized by Bitcoin. It features an ongoing charge of 0.35%, reduced from 0.75% starting February 2024, making it more accessible to investors. This listing marks a significant entry of Fidelity into the cryptocurrency market, offering regulated Bitcoin investment options without the need to hold the cryptocurrency directly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

EveliaAvila

>The ongoing charge for the Fidelity Bitcoin ETP is 0.35%, dropping from 0.75% in February 2024. Big drop.

BruceAENZ

From the article: “Fidelity’s ETP — which is 100% physically backed by bitcoin and tracks its price movement — was launched in February 2022, listing first on the Deutsche Börse Xetra and the SIX Swiss Exchange.” Seems similar to an etf but only available to professional investors.

NeedsMoreMinerals

How do these ETP's work? They're not the only ones. Will ETP's increase Bitcoin demand and thus its value?

coinfeeds-bot

tldr; The launch of spot Ethereum ETFs in the United States led to significant trading activity, with volumes reaching $14.8 billion, the highest since May. These ETFs attracted $2.2 billion in inflows last week, contributing to a surge in Ethereum ETP trading volumes by 542%. Despite this, Ethereum experienced a net outflow of $285 million due to the impact of Grayscale’s existing Ethereum trust. Overall, digital asset investment products saw inflows of $245 million, pushing total assets under management to $99.1 billion. Bitcoin also saw strong inflows of $519 million over the past week, with year-to-date inflows reaching a record $19 billion, attributed to renewed investor confidence and anticipation of a Federal Reserve rate cut. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; 21Shares and Chainlink are partnering to integrate Chainlink Proof of Reserve (PoR) into the 21Shares Core Ethereum ETF (CETH) to enhance transparency. This integration allows real-time verification of the Ethereum reserves backing the ETF, ensuring it accurately tracks ETH's performance. The feature aims to build investor trust by providing public access to real-time data on the reserve's status, eliminating central points of failure in data delivery. This move follows the successful integration of Chainlink PoR in 21Shares' spot Bitcoin ETP earlier. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

QwertzOne

I remember solo mining about 5 BTC, when it was still very early and it was easy only for few months, before my GPU was too slow to mine without pool, but unfortunately I was young and relatively poor, so I sold it once it was worth about $200. I would be eventually rich, if I'd just hold, but at the time I was happy with smartphone as a kid, because normally I'd not be able to afford it. However, while such rare opportunities occur very rarely, there are still various opportunities. Tomorrow I'm going to buy some 5x MAG7 ETP, hold it at least until September and see what will happen. Maybe current trend will hold and I'll double my starting capital.

ts_wrathchild

My crystal ball says that the first 3 cycles had diminishing returns because we essentially fully saturated the "innovators" leg of a standard technology adoption curve. If you're here today you're an innovator, NOT an early adopter. The early adopters are the folks who load up their portfolio with ETP's. We're just starting phase 2 out of 5. IMO, the next 3 cycles are in reverse (in terms of percentage gains): 2025 compares to 2017, 2029 compares to 2013, 2033 hyperbitcoinization begins. Trustmebro™

kirtash93

>The Bitcoin Macro ETP offers dynamic exposure to BTC and **USDC**, utilizing key macroeconomic factors to optimize Bitcoin exposure and enhance long-term risk management. Not a fan of USDC exposure.

coinfeeds-bot

tldr; 3iQ, a leading digital asset manager, has applied to launch North America's first Solana-based exchange-traded product (ETP) on the Toronto Stock Exchange. This initiative aims to provide both institutional and retail investors with a regulated and convenient way to gain exposure to Solana (SOL), a rapidly growing blockchain platform known for its high transaction speeds and scalability. The introduction of a Solana ETP is seen as a significant step towards the broader adoption of cryptocurrency assets in traditional financial markets, offering a familiar investment vehicle to a wider range of investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

KuciMane

Solana getting an ETP and then ETF in Canada how many buy signals do y’all need lol

coinfeeds-bot

tldr; The Hashgraph Association has launched the first Valour Hedera (HBAR) Exchange Traded Product (ETP) at the Frankfurt Stock Exchange. This marks a significant development in the crypto financial products space, offering investors a new way to gain exposure to Hedera Hashgraph's HBAR token through a regulated financial instrument. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Qu33ph

That’s incalculable due to bitcoin volatility. I believe the worldwide ETP and ETF adoption will drive a supply crunch. Causing 100Kish bitcoin. At that point I’d be making so much I could just plug them in anyway and do what you’re saying. But fun fact for net metering you must use within x amount of power in a 12 month Period that you can sell back. Essentially I’d have to pay to run them for a year to even qualify for the power I can produce. Their rules not mine!

coinfeeds-bot

tldr; Digital asset investment products saw over $1 billion in weekly inflows, with Ethereum (ETH) funds attracting $35.5 million, marking its largest intake since March. This surge in inflows reduced the month-to-date outflows to $11 million. The total value of digital asset exchange-traded products (ETP) reached $98.5 billion, with a 28% increase in weekly ETP trading volumes to $13.6 billion. Bitcoin ETPs led the inflows with $1 billion, while short Bitcoin positions saw outflows of $4.3 million, indicating a more positive market sentiment. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MachaMacMorrigan

Well . . . Looks a lot better in the morning! "**100% physically backed by Bitcoin** (BTC), the largest cryptoasset by market cap, the 21Shares Bitcoin Core ETP (CBTC) tracks the performance of BTC. CBTC investors gain exposure to BTC through the market's most cost-efficient ETP, featuring management fees of 0.21%." 21Shares web page

uncapchad

My paranoid self says he already knows but is choosing to advance govt agenda. The fear message must be driven home and is so well entrenched now that you don't see Bitcoin news except from this angle. Even ETF/ETP gets but a glancing mention in the Finance section, never a headline. Read some proposal docs of what govt plans to do next in building up cryptocurrency regulation. Some proposals have merit but the majority are about even greater control and restrictions. They want to keep it away from retail, with most of it classified as gambling, keeping the bits they like squarely under govt surveillance with only institutions having access.

uncapchad

Not at this time. HMRC does not regard Bitcoin as safe and doesn't recognise it as either a currency or money when it comes to pensions. One ETP has just gone live but again, funds are not allowed to offer it. Can't buy it in a SIPP or ISA either. So you either maybe take a gamble and get exposure via MSTR (Microstrategy) which you can add to SIPPs and ISAs. MST has a large exposure to BTC but that doesn't guarantee the equity's performance. So best to read up on that first before making a decision. Otherwise you have to get a broker to invest in Wisdom Tree ETP for you or buy BTC yourself. Just again, be aware how HMRC treats Bitcoin from a tax perspective.

BarryTheBaptistAU

ETP's are NOT ETF's. DO NOT CONFUSE THE 2.

Sandcracka-

What's an ETP?

icey1899

Isn’t the London stock exchange starting a spot BTC ETP soon?

zenethics

MSTR will continue to outperform this cycle. 1. There are many entities whose charter precludes them investing in Bitcoin directly; but MSTR has an operating business and is not an ETP, so they are allowed to buy them (I think they will). 2. MSTR does not charge a fee like the ETFs do. 3. MSTR is mildly leveraged (but not so much that they are at risk if there is a big selloff). 4. Some platforms, like Vanguard, do not allow their clients to buy the Bitcoin ETFs (but they do allow them to buy MSTR). 5. MSTR owns 1% of all the Bitcoin that will ever exist and they keep buying more. 6. Michael Saylor (the former CEO of MSTR who still directs their strategy) has taken an approach of creating new shares and selling them when the stock price is overvalued relative to their Bitcoin holdings. This has worked out very well so far. 7. Maybe the dominating factor - MSTR is one of the easiest ways for tradfi to get options exposure to BTC. This has _tons_ of knock-on effects because the people selling the options have to take positions to hedge.

rtreffer

ETF(US) or ETP/ETN(EU). You want an 18 year safeguard. That will cost you less than 10% over these years. Yes, this has all the downsides of a fund managing the asset. But there is a good chance it will be around when you aren't, and all questions around inheritance are solved.

SaneLad

Look at the discount to NAV for the two products. Not all crypto ETPs track the price of the cryptocurrency equally well. The reasons are (lack of) trust in the manager, lack of redemption facilities, lack of liquidity. Also, ETPs can have different expense ratios. A staking ETP is likely to carry higher management fees, eating up some of the staking rewards.

blue1_

The two ETP by 21shares (staking and non-staking) have basically identical performance

blue1_

The two ETP by 21shares (staking and non-staking) have basically identical performance

1001000010000100100

UK ETP coming may 29 :))

BuffaloBrain884

The SEC ultimately has to approve the BTC spot ETF because they already approved a futures ETF not because of Grayscale's ETP. The SEC had no legal grounds for approving a future ETF and rejecting a spot ETF. They SEC also approved an ETH future ETF. So I imagine a lawsuit against the SEC would have the same result, the court will force the SEC to approve tge spot ETF for ETH.

uncapchad

BTC was easy because SEC tried to stop Grayscale's ETP but they had approved 2 others so they weren't being consistent in their application of their laws. We have to wait for SEC to explicitly say No to ETH and then they can also take them to court

GoodSamoSamo

This is incorrect. By design, DDOS needs to cover the physical links of 1/3+ stake weighted nodes for the network to stop confirming blocks. Targeting a single leader would only delay that leader. Your claim is wrong. Also, don't really care about Cardano. It's very clear that the market is starting to see ADA going nowhere anytime soon. ADA has been around for 8 YEARS and has nothing to show for it. 1 TPS, relatively weak TVL, virtually no DeFi activity, no NFT presence, terrible DEX volume, virtually no stablecoins (not even USDT or USDC), no institutional interest (Grayscale just removed them from their institutional product list and Coinshare Fund Flows show virtually no interest in ADA ETP products), no serious investors or influencers in crypto support it or care about it, etc. It's (incorrectly) taking an "academic" approach instead of the standard technology approach of "ship and iterate." The list goes on and on. Cardano is a garbage chain that is run by a sociopath and has a VC arm that is in charge of making ecosystem investments to attract builders - which it has failed at horribly.

GoodSamoSamo

Hard for a chain like Cardano to face an outages when it has no block demand and does sub 2 TPS. Like I said, if your chain isn't facing growing pains, your chain isn't growing. That's exactly whats going on with Cardano. ADA been around for 8 years, nothing to show for it. 1 TPS, relatively weak TVL, virtually no DeFi activity, no NFT presence, terrible DEX volume, virtually no stablecoins (not even USDT or USDC), no institutional interest (Grayscale just removed them from their institutional product list and Coinshare Fund Flows show virtually no interest in ADA ETP products), no serious investors or influencers in crypto support it or care about it, etc. The list goes on and on. Cardano is a garbage chain that is run by a sociopath and has a VC arm that is in charge of making ecosystem investments to attract builders - which it has failed horribly.

GoodSamoSamo

Hard for a chain like Cardano to face an outages when it has no block demand and does sub 2 TPS. Like I said, if your chain isn't facing growing pains, your chain isn't growing. That's exactly whats going on with Cardano. ADA been around for 8 years, nothing to show for it. 1 TPS, relatively weak TVL, virtually no DeFi activity, no NFT presence, terrible DEX volume, virtually no stablecoins (not even USDT or USDC), no institutional interest (Grayscale just removed them from their institutional product list and Coinshare Fund Flows show virtually no interest in ADA ETP products), no serious investors or influencers in crypto support it or care about it, etc. The list goes on and on. Cardano is a garbage chain that is run by a sociopath and has a VC arm that is in charge of making ecosystem investments to attract builders - which it has failed horribly.

Dehyak

Ah so they’re day trading ETP’s.. 😝

GoodSamoSamo

did you not read what I said? ADA falls in that 2016-2018 camp. People shitting on it because it actually sucks and has no usage. ADA been around for 8 years, nothing to show for it. 1 TPS, relatively weak TVL, virtually no DeFi activity, no NFT presence, terrible DEX volume, virtually no stablecoins (not even USDT or USDC), no institutional interest (Grayscale just removed them from their institutional product list and Coinshare Fund Flows show virtually no interest in ADA ETP products), no serious investors or influencers in crypto support it or care about it, etc. The list goes on and on. Cardano is a garbage chain that is run by a sociopath and has a VC arm that is in charge of making ecosystem investments to attract builders - which it has failed horribly.

ammo_john

I believe you have an ETN or ETP for bitcoin as well in Scandinavia? MSTR sounds quite risky for his retirement checks. Definitely don't keep it on exchanges or Conbase.

handgrip_shingle

It's a newer and much cheaper alternative to the [21Shares Bitcoin ETP](https://21shares.com/product/abtc) which has $776M AUM. ETF providers usually create a new cheaper fund, instead of lowering the fees on an existing ones. With time more and more funds should flow to the cheaper one.

OpheliaBSnyder

We already have a Ripple ETP in Europe. The US process is really on a case by case basis. Every coin will require it's own process and approach.

HanyRashwan

1. 21Shares has had a Ripple XRP ETP in Europe since I believe \~2020 and we've published a lot of research about Ripple and think global payments in general have a lot of problems. 2. Generally love the idea of tokenization. ETFs themselves are just a wrapper that replaced another wrapper called mutual funds. So it's likely that ETFs themselves will be replaced by a superior technology and my guess is tokenization. One thing that I would mention is I don't think tokenizing something brings it liquidity; that's not how it works. So the assets I'm most bullish on with respect to tokenization are ones where they already have *a lot* of volume/liquidity but sit on inefficient or imperfect infrastructure. 3. Conceptually, yes. But given some of the scalability issues, I wouldn't bet on this happening anytime soon. But I hope we get there.

Marian_and_Qpa

There is an ETP for cardano, but it does not matter cause its cardano