Today the Boerse Stuttgart announced that investors can buy and sell exchange-traded notes (ETNs) based on the Litecoin and Ripple (XRP) cryptocurrencies. The securities are issued by Swedish XBT to track the cryptocurrencies in euro and Swedish krona.
“There is a lot of interest in cryptocurrencies. These ETNs will allow investors in Germany to track future price developments of the two cryptocurrencies Litecoin und Ripple (XRP) through exchange-traded securities for the first time,” said Jürgen Dietrich, Director Blue Chips & Funds Trading at Boerse Stuttgart.
Since April the same products have been available on the Swedish NGM exchange, a Boerse Stuttgart subsidiary.
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