Boerse Stuttgart introduces LTC and XRP ETNs

Eren Sengezer FXStreet

Germany's second-biggest stock exchange, Boerse Stuttgart, on Monday announced its decision to list litecoin and XRP exchange-traded notes (ETNs).

“For the first time in Germany, investors can now buy and sell exchange-traded notes (ETNs) based on the cryptocurrencies Litecoin and Ripple (XRP). The four securities issued by XBT Provider in Sweden track the price of the two cryptocurrencies in relation to the euro and the Swedish krona,” the Boerse Stuttgart said in a statement.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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