In January 2021, trading turnover in products with crypto currencies as underlyings more than doubled compared to the previous month to reach CHF 578.0 million (+120%). This highest monthly turnover ever recorded already surpasses half the trading volume of the record year 2020 (CHF 1.1 bn) and of the entire year 2019 (CHF 521 mn) on the Swiss Stock Exchange. The number of trades increased by 106% over the previous month to 22,779. In total, 65 products on crypto currencies were traded in January. ZXBTAV, a structured product on Bitcoin, saw the highest turnover with CHF 162.7 million and the most trades with 4,243 – both new monthly records.