Following the successful launch of Bitcoin tracker ETNs (Exchange Traded Notes) in September 2017, Galt & Taggart is now pleased to announce the launch of a new product, Ethereum Tracker ETNs that has recently been added on the G&T Trader online trading platform.

Ethereum tracker ETNs are designed to mirror the price movement of Ethereum against the US Dollar and provides our clients with a unique opportunity to gain exposure to Ethereum price performance.

There are two new Ethereum tracker ETNs available: (1) ‘Ethereum Tracker One’ that is traded in Swedish Krona (SEK); (2) ‘Ethereum Tracker EUR’ that is traded in Euro (EUR).
 

Product type:  ​Certificate (Exchange Traded Note)
​Symbols:​ETHEREUM_XBT:xome (SEK) / ETHEREUM_XBTE:xome (EUR)
​Exchange:​Nasdaq OMX (Stockholm)
​Issuer:​XBT Provider AB (public)
​Underlying asset:​Ethereum nominated in USD
​Leverage:​1:1
​Expiry date:​Open-ended
​Annual fee:​2.5%
​Issuer website:​Click here

                                                                                 
Ethereum trackers will be enabled on G&T Trader platform automatically for those individuals subscribed on NASDAQ OMX (Stockholm) stock exchange. Alternatively, the most convenient way to find these new instruments is by typing “Ethereum” on G&T Trader search tool and ETNs will appear in the search result bar.

These new products will allow our clients to get exposure to the world’s most well-known cryptocurrencies, Bitcoin & Ethereum, providing them with additional diversification prospects of their portfolios.

Disclaimer
This newsletter is not, and should not be construed as an offer to sell or solicitation of an offer to buy any securities and/or any investment instruments. All opinions and estimates contained in this newsletter constitute Galt and Taggart judgment as of the date hereof and are subject to change without any notice. The information contained in this newsletter is published for the assistance of the intended recipients, but is not to be relied upon as authoritative or be the basis for an investment decision. Galt & Taggart accepts no liability whatsoever for any direct or consequential loss arising from any use of this newsletter or its contents.

This newsletter may include estimates, projections and other forward-looking statements. Due to numerous factors, actual events may differ substantially from those presented. Galt & Taggart assumes no duty to update any such statements. Nothing contained herein should be considered a recommendation or advice to purchase or sell any security and/or any investment instruments.

All material presented in this newsletter, unless specifically indicated otherwise, is under copyright to Galt & Taggart. None of the material, nor its content, nor any copy of it, may be altered in any way, transmitted to, copied or distributed to any other party, without the prior express written permission of Galt & Taggart.

An investment in the Instruments has risks, including the risk of losing some or all of the invested capital. Past performance is not indicative of future results. Prior to investing, a prospective investor should carefully consider the risks and suitability of the Instruments based on his/her own investment objectives and financial position. Some of the Instruments described herein may not be a regulated financial instrument and, as such, may not require the publication of a prospectus or similar document. An investor should carefully review all the relevant information and factors and consult with his/her financial, legal and tax advisors.