{"id":60171,"date":"2024-06-11T10:00:38","date_gmt":"2024-06-11T09:00:38","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=60171"},"modified":"2024-06-11T11:27:23","modified_gmt":"2024-06-11T10:27:23","slug":"global-x-etfs-announces-listing-of-the-global-x-bitcoin-etp-btcx-and-the-global-x-ethereum-etp-ethx-on-london-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/global-x-etfs-announces-listing-of-the-global-x-bitcoin-etp-btcx-and-the-global-x-ethereum-etp-ethx-on-london-stock-exchange\/","title":{"rendered":"Global X ETFs Announces Listing of the Global X Bitcoin ETP (BTCX) and the Global X Ethereum ETP (ETHX) on London Stock Exchange"},"content":{"rendered":"<h5 style=\"text-align: justify;\"><strong>Global X ETFs<\/strong>, a leading global provider of exchange-traded funds (ETFs), today announced the listing of two of its digital asset exchange-traded products (ETPs): the Global X Bitcoin ETP (BTCX) and the Global X Ethereum ETP (ETHX) on London Stock Exchange.<br \/>\n<!--more--><span id=\"more-32986\"><\/span><\/h5>\n<p style=\"text-align: center;\"><a href=\"\/newsletter\" class=\"broken_link\"><strong><span style=\"color: #9ab62f;\">Sign up to our free newsletters<\/span><\/strong><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>By ETFWorld.co.uk<\/strong><\/p>\n<hr \/>\n<p><strong>Rob Oliver, Head of Business Development, Europe <\/strong><strong>Global X<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">This comes two weeks after announcing a fee waiver on the respective products currently listed on SIX Swiss Exchange and Deutsche B\u00f6rse Xetra.<\/p>\n<p style=\"text-align: justify;\">The digital asset space has scaled from a decentralised currency to a digital economy. Bitcoin is a finite supply asset with a substantial network of users that have come to an agreement on its value as a form of money that cannot be controlled by a singular entity. While the Bitcoin network provided a framework for a decentralised payment channel, the use case for digital assets has expanded to allow for the creation of applications that leverage the advantages of blockchain technology. Ethereum is a leading blockchain ecosystem with utility across a wide range of applications including transactions, smart contracts, and NFTs.<\/p>\n<p style=\"text-align: justify;\">BTCX and ETHX are physically backed exchange-traded products that seek to capture the long-term growth potential of Bitcoin and Ethereum respectively. They provide cost-efficient access to Bitcoin and Ethereum, with the relative transparency and security of debt securities trading on a regulated stock exchange. Coinbase Custody International Ltd. operates as the secure cryptocurrency custodian for BTCX and ETHX. The fee waiver, which will also apply to BTCX and ETHX, will last until 3<sup>rd<\/sup> January 2025 and then going forward the arranger fee for both products will stand at 0.29%.<\/p>\n<p style=\"text-align: justify;\">\u201cCryptocurrencies offer a path to invest in the potential of a permission-less, decentralised, and transparent infrastructure. Backed by blockchain technology, cryptocurrencies can scale, revolutionise, and improve traditional sectors,\u201d said <span style=\"color: #56aa1c;\"><strong>Rob Oliver, Head of Business Development at Global X ETFs<\/strong><\/span>. \u201cWe are thrilled to deliver on our mission to provide investors with beyond ordinary solutions and provide the UK market with access to Bitcoin and Ethereum through secure and regulated exchange-traded product wrappers. This fee reduction demonstrates our continued commitment to the European market and its investors.<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Name<\/td>\n<td style=\"width: 50%; height: 24px;\"><span style=\"color: #56aa1c;\"><strong>Global X Bitcoin ETP<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">ISIN<\/td>\n<td style=\"width: 50%; height: 24px;\">GB00BLBDZV05<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Sedol<\/td>\n<td style=\"width: 50%; height: 24px;\">BSMS223<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Trading Currency<\/td>\n<td style=\"width: 50%; height: 24px;\">GBP<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Ongoing charges<\/td>\n<td style=\"width: 50%; height: 24px;\">0.29 per cent<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Reference index<\/td>\n<td style=\"width: 50%; height: 24px;\"><strong>Bitcoin<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Name<\/td>\n<td style=\"width: 50%; height: 24px;\"><span style=\"color: #56aa1c;\"><strong>Global X Ethereum ETP<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">ISIN<\/td>\n<td style=\"width: 50%; height: 24px;\">GB00BLBDZW12<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Sedol<\/td>\n<td style=\"width: 50%; height: 24px;\">BSMS2F6<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Trading Currency<\/td>\n<td style=\"width: 50%; height: 24px;\">GBP<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Ongoing charges<\/td>\n<td style=\"width: 50%; height: 24px;\">0.29 per cent<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Reference index<\/td>\n<td style=\"width: 50%; height: 24px;\"><strong>Ethereum<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global X ETFs, a leading global provider of exchange-traded funds (ETFs), today announced the listing of two of its digital asset exchange-traded products (ETPs): the Global X Bitcoin ETP (BTCX) and the Global X Ethereum ETP (ETHX) on London Stock Exchange.<\/p>\n","protected":false},"author":4,"featured_media":60172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[345],"class_list":["post-60171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-nederland","tag-global-x"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=60171"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60171\/revisions"}],"predecessor-version":[{"id":60173,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60171\/revisions\/60173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/60172"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=60171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=60171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=60171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}