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21 stocks facilitate crypto investment in Australia

21 stocks facilitate crypto investment in Australia

April 22, 2022 at 2:26 pm

Zug people 21Shares Inc Has partnered with the Australian Wealth Manager ETF securities Agreed. The two jointly launch two new exchange trading funds (ETFs). One fund invests in cryptocurrency bitcoin and the other invests in cryptocurrency ether. According to Media release Both ETFs are first and foremost in Australia.

The funds will be available from April 27 CBOE exchange Traded. This offer is to make it easier for investors to invest in cryptocurrencies. Thanks to ETFs, for example, they do not have to create their own digital wallets. In addition, they are exempt from managing risks.

“We are delighted to offer Bitcoin and Ethereum ETF, Australia’s first live exposure,” said Hany Rashwan, CEO and co-founder of 21Shares. He added that more products were being planned for Australian investors.

21 shares (formerly Amun) are behind the world’s first cryptocurrency ETP (Crypto-Index-Exchange-Traded Product) listed on the Exchange. It was approved on the SIX Swiss Exchange in 2018. In addition to its headquarters in Zug, 21Shares also has offices in Zurich and New York. SSP