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ETC Group announces the addition of three new Crypto ETCs on SIX

By Joy Dumasia

March 29, 2022

  • Asset Management
  • ATOMetc
  • AVAXetc
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ETC Group, Europe’s leading specialist provider of institutional-grade digital asset-backed securities, announces the listing of three new ETCs on the SIX Swiss Exchange. The new crypto ETCs, which will be marketed and distributed by HANetf and available in both CHF, EUR, USD and GBP, are:

  • AVAXetc – ETC Group Physical Avalanche (Ticker: AVAL)
  • ATOMetc – ETC Group Physical Cosmos (Ticker: ATME)
  • MATICetc – ETC Group Physical Polygon (Ticker: MTCE)

The new cryptocurrencies join the company’s suite of institutional-grade crypto exchange-traded products, including Bitcoin, Ethereum, Solana, Cardano, Polkadot and Litecoin that trade on SIX. The three ETCs will also be listed on Deutsche Börse Xetra at the beginning of April and UNIetc – ETC Group Physical Uniswap (Ticker: USWA). AVAXetc – ETC Group Physical Avalanche will have the same ISIN; however, it will have a different ticker (EVAL) on Xetra. 

Bradley Duke, Founder and Co-CEO of ETC Group, said: “While our Bitcoin-based ETC continues to lead the global market, being the most traded crypto ETP, investors are increasingly interested in adding some of the newer, innovative cryptocurrencies to their portfolios, especially those amassing large market cap. The addition of these new ETCs offers these investors high quality, physically-backed digital assets, underpinned by our partnerships with world-class liquidity providers to deliver high liquidity and tight trading spreads.”

Hector McNeil, Co-Founder and Co-CEO at HANetf, said: “We are delighted to partner with ETC Group again to offer new products to the existing suite of exchange-traded cryptocurrencies. ETC Group has established itself as a market leader in offering investment products focused on crypto assets. Interest in exchange-traded cryptocurrencies has been booming as they provide investors with a safe and liquid way to gain exposure to digital assets.”

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