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ETC Group To List Litecoin ETC On Deutsche Boerse On April 14

Mary Liu

Summary: London-based ETC Group announced on Monday that its physical-backed Litecoin exchange-traded commodity (ETC)--ETC Group Physical Litecoin ETC---will go live on the Xetra market of the Deutsche Boerse on April 14.  The trading symbol is ELTC with a management fee of 2%. Litecoin has grown by 342% in the past 12 months. It is the ninth-ranked ...

London-based ETC Group announced on Monday that its physical-backed Litecoin exchange-traded commodity (ETC)--ETC Group Physical Litecoin ETC---will go live on the Xetra market of the Deutsche Boerse on April 14. 

The trading symbol is ELTC with a management fee of 2%. Litecoin has grown by 342% in the past 12 months. It is the ninth-ranked cryptocurrency by market capitalization. CEO Bradley Duke stated that the interest of institutional and retail investors is increasing.  

Early this month, asset management company CoinShares launched a physical-backed Litecoin ETP on the Swiss exchange SIX.

By Mary Liu

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Link: ETC Group To List Litecoin ETC On Deutsche Boerse On April 14   [Copy]
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