SEBA Bank announced it is listing a suite of digital-assets-based exchange traded products (“ETPs”) on the SIX Swiss Exchange in partnership with GHCO, a liquidity provider specialising in exchange traded funds, from tomorrow, 09 April 2021.
The ETPs have been designed to provide investors with secure and cost-effective access to digital assets without the typically associated custody and security challenges.
The product suite consists of Bitcoin and Ether Tracker Certificates in USD, as well as the first CHF currency-hedged Bitcoin Tracker in the market. The Tracker Certificate on the SEBAX Crypto Asset Select Index, a digital assets market index, is also being listed.
GHCO will act as the liquidity provider and market maker for the newly listed ETPs. The partnership between SEBA Bank and GHCO will leverage the firms’ respective expertise in asset management and market making as investor appetite for digital assets continues to grow.
Stefan Schwitter, Head Investment Solutions at SEBA Bank, said:
“We believe our products stand out based on the institutional-grade quality and the highly competitive price points. We are providing a secure and cost-effective alternative to holding coins directly at exchanges.”