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Exchange Traded Products (ETPs) provide both retail and institutional investors with a convenient, regulated, and cost-effective way to access a range of underlying investments, and cryptocurrencies are no exception. Since the launch of the first Bitcoin-tracking product in Sweden in 2015, cryptocurrency ETPs have evolved from being predominantly in Europe to expanding their global footprint. From just 17 products at the end of 2020, the number of cryptocurrency ETPs has grown to approximately 180 today. With an increasing number of traditional financial institutions joining the ranks of native cryptocurrency companies in issuing ETPs, their role is not only expanding the opportunities for investors to gain exposure to cryptocurrencies but also becoming more evident in the overall acceptance and integration of cryptocurrencies into global financial markets. |
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