Dutch exchange-traded Fund (ETF) Flow Traders NV has added into the listing of index-linked bonds (ETN) on the basis of bitcoin and Ethereum. About this CEO Dennis Dijkstra said in comments to Bloomberg.
According to him, Flow Traders NV has become the first company “to provide the possibility of buying and selling cryptocurrency assets traded on regulated stock exchanges”.
“People underestimate the cryptocurrency. But it’s an important market, and very soon it will be regulated”, said Dijkstra.
However, the local regulator said that changed their sceptical stance towards the cryptocurrency and their wide distribution.
“We do not condone the actions with cryptocurrencies as consumers and holders of trade licences and do not consider them as an asset class”, — said the press-Secretary of Department of financial markets of the Netherlands Nienke Torensma.
Recall that in early June, the new York firm VanEck and SolidX, previously unsuccessfully tried to obtain permission of the Commission on securities and stock exchanges of the USA on the opening of the OTC bitcoin investment funds, has decided to join forces by submitting a joint bid to launch a regulated cryptocurrency ETF.
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