Speed Trader Jumps Into Crypto Bets Opposed by Watchdog – Flow Traders is first to say it’s trading ETNs, not futures

Bloomberg is reporting that “Flow Traders NV, an Amsterdam-based speed trader, is making markets in the first exchange-traded notes based on Bitcoin and Ether, according to Co-Chief Executive Officer Dennis Dijkstra.”

Flow Traders is Europe’s largest trader of exchange-traded funds (ETFs), and what they are moving into now is Bitcoin (XBT, BTC) and Ethereum (ETH) ETFs or exchange-traded notes (ETNs) listed on European exchanges.

Article URL: https://www.bloomberg.com/news/articles/2018-07-05/dutch-speed-trader-jumps-into-crypto-bets-spurned-by-regulator

Archived in case the paywall gets you: https://web.archive.org/web/20180706082512/https://www.bloomberg.com/news/articles/2018-07-05/dutch-speed-trader-jumps-into-crypto-bets-spurned-by-regulator



View Reddit by dnivi3View Source

Related Posts

One Response

  1. jstrong
    July 7, 2018

Add Comment