Fans of Digital Currency Ether Can Now Buy ETNs—In Sweden
- CoinShares offers two ether-linked exchange-traded notes
- Ethereum products are listed on Nasdaq’s Sweden exchange
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Ether is becoming more accessible to everyday investors. The digital currency that competes with bitcoin is now available via two exchange-traded notes, which track its price and are available on Nasdaq’s Sweden exchange.
XBT Provider by CoinShares, which already offers a similar investment vehicle for bitcoin, said in a statement Wednesday that the notes will track the price of ether, as determined by an index rate comprising the average of the three most liquid of a select group of exchange prices daily.