📢 New milestone: End of last week, YTD trading turnover in crypto products on SIX Swiss Exchange has exceeded the threshold of CHF 2 billion – largely surpassing the total of the entire previous year (at 1.24 bn) and chasing the total of 2022 (at 2.16 bn), driven by a record month in March with a trading turnover of almost CHF 700 mn. Meanwhile, the number of trades has reached 120,714, also already surpassing the 85,829 transactions in the entire previous year.
🌐 At present, investors enjoy a choice of 369 Crypto Products listed on SIX Swiss Exchange, 160 of which are ETPs, complemented by structured products. The number of available underlyings stands at 21 (of 41 currently approved potential underlyings).
⚖️ As a new Swiss crypto regulation has come into force in April which enabled the expansion of authorised crypto underlyings, we expect further underlyings as well as new issuers to join in the future. So far, we have seen one new issuer of Crypto ETPs – issuance.swiss AG in March – and many new listings in 2024.
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