21Shares Partners with Societe Generale for Bitcoin and Ethereum ETP Liquidity

Societe Generale will enhance liquidity for 21Shares’ cryptocurrency ETPs, improving access for institutional investors in Germany and Eastern Europe.

BTC
ETH

Summary

Societe Generale has partnered with 21Shares to provide liquidity for its Bitcoin and Ethereum exchange-traded products (ETPs) in European markets. This collaboration will support the trading of products including ABTC, CBTC, AETH, and CETH, enhancing market access for professional investors in Germany and Eastern Europe. Societe Generale aims to improve execution and simplify access to these crypto investment vehicles, furthering its blockchain initiatives.

Terms & Concepts
  • ETP: Exchange-Traded Product, a security that tracks an underlying asset or index, allowing investors to trade it on an exchange.
  • OTC liquidity: Over-the-counter liquidity refers to the trading of financial instruments directly between two parties, bypassing an exchange.
  • Bitcoin and Ethereum: Bitcoin is the first decentralized cryptocurrency, while Ethereum is a blockchain platform that enables smart contracts and decentralized applications.