Boerse Stuttgart-Owned Swedish Exchange Lists XRP, LTC Tracking Exchange-Traded Products

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New exchange-traded products (ETPs) that track the value of XRP and Litecoin (LTC) are now available for trading on the Boerse Stuttgart-owned Swedish exchange Nordic Growth Market (NGM). The news was revealed in a press release shared with Cointelegraph on April 4.Boerse Stuttgart is Germany’s second-largest stock exchange, reporting trading volumes of 71.2 billion euros in 2018. Its wholly-owned subsidiary, NGM, is an authorized exchange with operations across Sweden, Norway, Denmark and Finland.The newly-listed products are available for European investors and are issued by XBT Provider, a CoinShares company that is domiciled in Sweden and has previously brought Bitcoin (BTC) and Ethereum (ETH) tracking products to the Nasdaq Stockholm exchange in 2015 and 2017 respectively. Both today reportedly trade and comprise over $374 million of invested assets.As with XBT’s earlier products, the tracking certificate for each of the new ETPs represents “a set amount of the underlying asset (LTC and…

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