CoinShares offers participation in the cryptocurrencies Cosmos and Polygon including staking premium with new ETNs.
21 June 2022. FRANKFURT (Börse Frankfurt). Two new crypto ETNs issued by CoinShares are tradable on Xetra and via the Börse Frankfurt trading venue since Tuesday.
The two new exchange traded notes (ETNs) from CoinShares track the performance of the cryptocurrencies Cosmos and Polygon, each fully backed by the cryptocurrency itself. Additionally, investors benefit from the staking premium of five per cent annually, which is earned by depositing cryptocurrency for validation of transactions on the blockchain. The management fee is currently 0.0 per cent per year.
This brings CoinShares' product offering to 13 crypto ETNs, all of which are fully physically collateralised and centrally cleared through Eurex Clearing.
Name | Asset class | ISIN | Management fee / Staking Reward | Crypto currency |
CoinShares Physical Staked Cosmos | ETN | GB00BNRRF980 | 0 per cent / 3 per cent | Cosmos |
CoinShares Physical Staked Matic | ETN | GB00BNRRB013 | 0 per cent / 3 per cent | Polygon |
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 1,871 ETFs, 172 ETCs and 206 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.
21 June 2022, © Deutsche Börse AG