Pioneering Crypto ETPs to $3B in assets in 3 years, with 21Shares CEO Hany Rashwan
The Fintech Blueprint
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ETF vs ETF in Europe?
In europe, e t f cannot be tracking only one single asset. It has to track an index. There is a diversity requirement where you have to have three or five different elements in there and that's not the real distinction here. If i'm buying a thousand dollars worth of this stock, am i getting exposure to a thousand dollarsworth of the underlying, say, bit coin, or am i getting indirect exposure to it? That's where something like futures come in. Futures are not physically back bit coin. An on a physically back product, that does not actually apply, because for every dollar that is in the product, there is a dollar worth of crypto that is inThe
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