site.btaTrading in Crypto Instruments Starts on Bulgarian Stock Exchange

Trading in crypto instruments based on and following Bitcoin and Ethereum prices started on the Bulgarian Stock Exchange (BSE) on Thursday. Investors looking for suitable innovative crypto products may now freely trade in eight crypto exchange-traded notes (ETNs), offering for the first time in Bulgaria an alternative to traditional cryptocurrencies. By launching the new instruments, BSE joined leading European exchanges such as Deutsche Borse and Euronext, which started trading in these instruments two years ago.

"With the new products of BSE International, we meet the increased market interest in crypto instruments. We are pleased to be able today to offer an alternative asset for trading in cryptocurrencies, making the process easier and simpler for all interested investors. With BSE International crypto ETNs, investors are not committed to creating own crypto wallets or cryptographic keys, while receiving guarantees that the instruments they choose are systematically regulated and regulatory compliant.”, stated Manyu Moravenov, executive director of BSE.

With the launch of the new crypto ETNs, BSE continues its long-term partnership with Deutsche Borse and the market maker Tradegate AG, which will ensure the liquidity of the instruments. The innovative products are traded in euros and during the regular trading session.