Description
The 21Shares Bitcoin Suisse Index ETP (ticker: ABBA) seeks to track the investment results of an index composed of Bitcoin and Ether based on market capitalizations. The results are denominated in Swiss Francs (CHF).
Objective
The 21Shares Bitcoin Suisse Index ETP (ABBA) aims to track the financial performance of Bitcoin and Ethereum, weighting them based on current market capitalization to ensure an accurate representation of the current Bitcoin and Ethereum crypto market.
Benefits
For the Swiss by the Swiss
The ABBA ETP is issued by two of the leading Swiss crypto financial services companies, custodied in Switzerland and traded in Swiss francs on the Swiss SIX Stock Exchange.
Buy the Market
The basket of BTC and ETH gives investors exposure to the two largest cryptocurrencies by market cap.
Premier issuance and administration platform
ABBA is administered via the Onyx Platform which utilizes state-of-the-art technology to handle investments of digital assets.
Most promising blockchains
The Bitcoin and Ethereum blockchain are leading in terms of network usage, development and community engagement.