From Tuesday, exchange traded currencies, or ETCs, will be traded on cryptocurrencies on Euronext Amsterdam. This was announced by provider ETC Group on Monday.

Exchange traded currencies follow the price developments of cryptocurrencies. The ETCs on, among others, bitcoin and ethereum will be listed in dollars and will be available to be traded as of June 1st.

This listing follows the first listing on the Deutsche Börse in June 2020 and the subsequent listing on the Swiss SIX Stock Exchange earlier this year. Both ETCs will also be listed on Euronext’s Paris Stock Exchange on 1 June, but in euros.

The cryptocurrencies are 100 percent physically covered. The listing on Euronext Amsterdam is only for professional investors.

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