Bitpanda, the European fintech unicorn, announced through a press release that being true to its goal of bringing the world of cryptocurrencies closer to all investorscomplements its offer of digital assets with four new ETNs: from Ethereum, Cardano, Polkadot and Solana.
It should be noted that these new ETNs join the one that the company already offers Bitcoin. Initially listed on the Frankfurt Stock Exchange, these products allow both retail and institutional investors to have exposure to the native tokens of the Bitcoin, Ethereum, Cardano, Polkadot networks. and Solana safely and without the need to open a crypto wallet.
Eric Demuth, Co-Founder and CEO of Bitpanda, commented on this announcement that enabling new forms of portfolio diversification was the reason why Bitpanda decided to enter this type of product. “We believe that investors who choose the traditional route should also be able to invest in the crypto market in a simple, safe and uncomplicated way, through the channels they already know. We will be listing new products, in more and more Stock Exchanges, so that more and more traditional investors participate in an industry that is shaping the future of finance”Demuth pointed out.
Finally, in this sense Bitpanda further expands the digital asset futures market for European investors. According to them, this latest expansion of the product will serve to meet the growing institutional and corporate demand for digital assets.
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