“Investors looking for collateralised investment products granting access to crypto currencies increasingly turn to SIX. With its wide product offering, SIX is a world leader: 10 different single crypto currencies are accessible via ETPs and structured products on our platform. A warm welcome to Iconic Funds joining our issuer ranks and further expanding the product range”, says Christian Reuss, Head SIX Swiss Exchange.“

Trading turnover in crypto products at SIX shows strong growth. In the first five months of 2021, already CHF 4.5 bn have been traded – more than during any whole year since crypto products were first admitted for trading at SIX in 2016 and +289% compared to the previous year. Year-to-date, there have been 146’731 trades in crypto products executed at SIX (+206% compared to the previous year). These numbers underline the strong position of SIX as the world’s leading regulated market place for products with crypto currencies as underlying.

With the new Iconic Funds Physical Bitcoin ETP – available in two trading currencies –, investors now have a selection of 32 Bitcoin ETPs and structured products at SIX to choose from, while the number of ETP issuers rises to nine, following the recent arrival of ETC Group as well as CoinShares and SEBA Bank in the first four months of 2021.

Iconic Funds GmbH is a joint-venture of Iconic Holding GmbH and publicly-listed Cryptology Asset Group Ltd. Launched in 2019, Iconic Funds’ mission is to drive the adoption of crypto assets. As the bridge for investors to gain exposure to crypto assets, Iconic’s licensed and regulated vehicles offer investors a menu of investment choices ranging from passive index exposure to actively-managed strategies. The Iconic Funds Physical Bitcoin ETP (XBTI) tracks the price of Bitcoin (BTC). The ETP is 100% physically backed by BTC and stored in cold storages of regulated crypto custodians with an additional third party insurance.
https://funds.iconicholding.com/

Product Name Trading Currency ISIN

Market Maker

Iconic Funds Physical Bitcoin ETP

USD & CHF DE000A3GK2N1 Flow Traders

Further information on the ETP segment at SIX is available here:

 
About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Securities Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (121 banks). With a workforce of some 3,500 employees and a presence in 20 countries, it generated operating income of CHF 1.38 billion and Group net profit of CHF 439.6 million in 2020.
www.six-group.com