Stockholm, SWEDEN (June 18, 2015) - XBT Provider AB (publ) announced today the availability of the ETN Bitcoin Tracker One in 179 countries. Starting today anyone with an Interactive Brokers account can trade the ETN Bitcoin Tracker One. The ticker is COINXBT.
Bitcoin Tracker One is designed to mirror the return of the underlying asset, U.S. dollar (USD) per bitcoin. The product is an exchange traded note designed to track the movement of the underlying asset after fees.
Bitcoin Tracker One is the first bitcoin-based security available on a regulated exchange. XBT Provider launched this financial instrument to meet the needs of investors' growing appetite for exposure to Bitcoin prices.
The instrument is currently trading at an all-time-high and turnover has been approximately five million USD since the start four weeks ago.
"Bitcoin tracker one" (BTO) is listed on NASDAQ/OMX in Stockholm and traded in the same manner as any share or instrument listed on the Nasdaq exchange in Stockholm. BTO is also available via Bloomberg terminals.
Direct link to specifications at Nasdaq:
Direct link to specifications at Interactive Brokers:
Direct link to specifications at Bloomberg:
The full prospectus and more information is available on xbtprovider.com.
XBT Provider AB (publ) is backed and guaranteed by KnCGroup, the global technology leader in the Bitcoin Space.
ABOUT THE ISSUER: XBT PROVIDER
XBT Provider AB (publ) is a public limited liability company formed in Sweden with statutory seat in Stockholm. The issuer is incorporated under Swedish law and registered with the Swedish companies' registration office under registration number 559001-3313.
Press release (PDF) http://hugin.info/169069/R/1929331/693022.pdf