German crypto firm to issue first Bitcoin ETN

On the 10.30.19 at 2:47PM


Adrien Paredes-Vanheule

Frankfurt-based crypto asset manager Iconic Funds announced the upcoming launch of an exchange traded note (ETN) for Bitcoin of up to 100 million notes, tracking the NYSE Bitcoin Index (NYXBT)

Iconic Funds is set to launch what it claims to be the world's first exchange-traded regulated product with a crypto asset as an underlying. Minimum subscription to the 100 million notes of the German firm's Bitcoin ETN, available to both retail a

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