Deutsche Börse welcomes Scalable as new crypto ETN issuer on Xetra

Scalable Securities offers investors easy access to the performance of the cryptocurrencies Bitcoin and Ethereum in two different variants. The two variants differ in the tax treatment, which depends on the expected holding period of the ETNs. The product variant with physical delivery (deliverable) is designed for investors with an intended holding period of at least one year, while the product variant with cash settlement is suitable for short-term investment.

All four ETNs are physically collateralised by the respective underlying cryptocurrency and are centrally cleared via Eurex Clearing.

The crypto ETN segment now comprises 95 products from 14 providers on a total of 22 individual cryptocurrencies as well as on ten crypto indices. All crypto-ETNs tradable on Xetra are physically collateralised and listed on the Regulated Market of the Frankfurt Stock Exchange. In addition, all crypto ETNs on Xetra are centrally cleared by Eurex Clearing AG as the central counterparty (CCP) of Deutsche Börse Group. Through central clearing, institutional investors additionally benefit from significantly reduced risks when settling transactions.

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 1,985 ETFs and 432 ETPs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.