Deutsche Börse to offer Europe’s first Bitcoin futures

Germany continues to show Europe (and the world) how the traditional finance can benefit from crypto.

Deutsche Borse was the first regulated stock exchange in Europe to offer crypto ETPs (exchange-traded products), followed by the French Euronext. German company ETC Group pioneered this trend with its leading product BTCetc launched in June 2020, which has since become world’s most heavily traded crypto ETP.

Starting from September, ETC Group will be also offering Europe’s first futures on BTCetc, allowing European investors to play with a larger range of crypto-based financial products.

Earlier this summer Germany allowed its most popular investment vehicles – the Spezialfonds – to allocate up to 20% of their portfolios in crypto, which, combined with a 0% tax on crypto gains, has well positioned it as a European crypto-finance center.