Cryptocurrency Exchange Aquis to List 21Shares Bitcoin-ETP

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21Shares, provider of exchange-traded products (ETPs), has announced British alternative trading system Aquis is listing its first investment product based on cryptocurrencies.

According to the company, the ETP trading, whose unit is equivalent to 0.00035 BTC, will start in the middle of the month. It is worth mentioning that the liquidity provided of the product is ETF specialist GHCO.

The ETP will allow British institutional investors to invest indirectly in BTC through a regulated framework.

It is worth remembering that the sale of cryptocurrency derivatives to retail investors has been banned in the UK since January 6. However, this product is not affected by this ban since it has been designed for institutional investors.

Alasdair Haynes, the CEO of Aquis Exchange, said:

“We have been working alongside 21Shares for months on this project. We are pleased to be able to respond to institutional demand in the U.K. for digital assets in this way.”

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