Express

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

Last Update:

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

Related Articles

  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 11 days ago

    • You need to login to comment.