The second largest exchange in Germany has listed XRP and Litecoin based ETNs

Börse Stuttgart (SWB) in Germany, has listed crypto exchange-traded notes (ETNs), XRP and Litecoin based.
The announcement is a first of its kind in Germany according to the company press release.

Ken Chigbo Independent Analyst

The second-largest stock exchange in Germany, Börse Stuttgart (SWB), has listed two crypto exchange-traded notes (ETNs) based around XRP and Litecoin (LTC).

Börse Stuttgart has listed two new XRP and Litecoin based ETNs via their XBT provider, the noted notes can be traded against Swedish krona (SEK) and Euro (EUR), according to the exchange’s official media announcement.

The announcement is the first initiative of its kind in Germany, Boerse Stuttgart executive Jürgen Dietrich explained in the company press release.

In terms of the timings with availability, like other exchange-traded products, crypto ETNs are reportedly available for trading on the exchange from 8:00 to 22:00 Central European Time (CET).

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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