European digital asset manager CoinShares is expanding the reach of its physically backed exchange-traded product (ETP) portfolio with a new listing in Germany. According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra. The digital asset manager started the year by launching a Bitcoin ETP named CoinShares Physical Bitcoin (BITC) in January. Listed on Switzerland’s SIX Swiss Exchange, each ETP is physically backed by 0.001 Bitcoin. Since then, the CoinShares Physical platform has launched Ether and Litecoin ETPs. CoinShares Physical Ether (ETHE) was backed with …
Finnish company Denarium, owner of the country’s largest exchange Bittiraha.fi and ATM network Bittimaatti, has announced an international rollout of “next generation” physical bitcoins. After achieving success in the relatively Bitcoin-friendly Finnish jurisdiction, the move is the first attempt by Denarium to access a more international client base. The announcement was onfirmed on CEO Henry Brade's Twitter earlier this afternoon. Our new product, Denarium Bitcoin, is now public. It's the next generation Physical Bitcoin! https://t.co/Hct9kS5hOy #bitcoin — Henry Brade (@Technom4ge) April 10, 2015 Brade explained in a press release issued today that the Denarium product would differentiate itself from previous …