The array of bitcoin vehicles available for trade on European platforms is poised to expand.
Cardano, Polkadot, and Solana are three such products that will follow the digital currencies Cardano, Polkadot, and Solana, which will begin trading on the Paris and Amsterdam exchanges on April 6.
The number of such investments on European exchanges has increased
The launches are part of a larger campaign to pique investor interest in cryptocurrency-tracking products, which already trade on European platforms in large numbers.
Frank Spiteri, Chief Revenue Officer of CoinShares International Ltd., estimates that around $7.3 billion has been invested in exchange-traded crypto products in Europe, with this figure expected to more than quadruple by 2025.
Valor already has a number of crypto products listed on European platforms, including Bitcoin and Ethereum-focused ones. On new items, a 1.9 percent administration fee will be applied.
“More major firms will arrive, and prices will become much more competitive.” Expertise in innovative products and a greater focus on delivering added value to investors will differentiate the winners from the losers, according to Russell Starr, CEO of DeFi.