Deutsche Börse stated that the products traded on crypto exchanges in 2021 were extremely successful.
German stock market operator Deutsche Börse said that products traded on the crypto exchange (ETP) are very popular among investors. The company highlighted that the average monthly trading turnover in crypto ETNs has increased by more than $1 billion (922%) compared to 2020.
Deutsche Börse expanded its services in 2021 to meet the growing demand for crypto. The company allowed its clients to review ETNs traded on 36 crypto exchanges focusing on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cardano (ADA) and more. These products were limited to just four at the end of 2020.
Deutsche Börse announced a few months ago that it had listed a Bitcoin Spot ETN on its digital exchange Xetra. The product came from Invesco, whose Bitcoin ETF application was previously rejected.
Deutsche Börse has also included many multi-currency features for ETFs over the past year.
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