DWS, a German asset management company that is part of Deutsche Bank and has $933 billion in assets under management, has launched Bitcoin and Ethereum ETPs (exchange-traded product).
These products, which will facilitate investment in Bitcoin and Ethereum, have been listed on the Frankfurt Stock Exchange as of today.
Making a statement on the subject, DWS Global Product Manager and DWS Group Board Member Manfred Bauer said, “Since the first Bitcoin transaction in 2009, digital assets have transformed from a niche technological innovation into a globally known asset class. “With market values exceeding $1.7 trillion, Bitcoin and Ethereum are now too important for investors and asset managers to ignore.” said.
Zodia Custody and Coinbase will provide custody services for the products, which will be supported 1:1 with Bitcoin and Ether.
It was published:
Source: https://uzmancoin.com/bitcoin-ethereum-alman-dws/
