The idea of a Bitcoin exchange-traded product (ETP) without any management fee is a thrilling one for every crypto trader. Valour Structured Products Inc., a Swiss-based firm that grants investors secure access to several innovative technologies, has recently launched a Bitcoin ETP with zero management fees.
According to a recent report, the new product dubbed “Bitcoin Zero” will begin to operate on the Sweden-based stock exchange, Nordic Growth Markets starting December 3rd.
The idea is to make it easier, secure, and cost-effective for both retail and institutional investors to invest in a wide variety of popular digital assets such as Bitcoin.
Speaking on this, Johan Wattenström, the founder and director of Valour said,
Our mission is to make investments in disruptive technologies accessible to all. The launch of the Bitcoin Zero ETP is very much a part of this. It marks a significant step towards the mainstream adoption of digital assets, enabling investors to diversify their portfolios and gain exposure to Bitcoin, whose value has almost tripled this year.
Bitcoin Zero is designed in a way that makes it easy for everyone to trade. It is as easy as trading with any security without any of the difficulties and costs that are often associated with buying, storing, and trading on Bitcoin.
The ETP can be traded on the platform of any broker or other financial institution that has access to Nordic Growth Markets
The deputy CEO of Nordic Growth Markets, Tommy Fransson, said,
“Nordic Growth Market has been a dedicated partner for developing and supporting the ETP market for more than 15 years. We are delighted to welcome Valour and their new, innovative ETPs to NGM. Digital assets are an important part of the future of financial markets, and this is a significant step in making these products available to all investors.”
With an investment product that brings all the good parts of Bitcoin to the table without any costs or difficulties in trading, several people who have not invested in the asset due to cost-related issues can now be brought on board, increasing mainstream adoption.
See Also: German Stock Exchange, Boerse Stuttgart’s New ETP Allows You To Short Bitcoin
