Deutsche Börse Has Listed Bitcoin and Ether Exchange Traded Commodities Launched by DWS
Asset management firm DWS is offering exchange-traded commodities (ETCs) with bitcoin (BTC) and ethereum (ETH) exposure in Germany. These ETC products were developed in partnership with digital asset financial services firm Galaxy Digital. According to a statement from DWS, these ETC products were listed on Deutsche Börse on Thursday. These products are Xtrackers Galaxy Physical Bitcoin ETC and Xtrackers Galaxy Physical Ethereum ETC, which track the performance of two of the largest cryptocurrencies by market capitalization and charge a 0.35% fee.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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