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Ignoring Crash, Bitcoin Tracking Pioneer Loads Up Full Basket

Cryptocurrency Mining At Green Energy Startup HydroMiner GmbH
Photographer: Akos Stiller/Bloomberg
Updated on

Undaunted by the crash in cryptocurrencies, the company that created the first exchange traded Bitcoin trackers now wants to offer a whole basket of digital currencies to bet on.

The plan is to launch an exchange traded product based on a basket of 5 to 10 such currencies before the end of the year, according to Stockholm-based XBT Provider AB.