Home » Ethereum Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes Ethereum Reading 2 min Views 2 The number of crypto-based exchange-traded products in Europe continues to expand as 2022 draws nearer. Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform. The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt security that tracks an underlying index of equities and trades on a major exchange. According to the announcement, the new ETNs will provide investors access to investment opportunities in cryptocurrencies such as Bitcoin and Ether. Helena Wedin, European head of exchange-traded products at Nasdaq, said that exchange-traded notes allow one to invest in non-traditional assets while maintaining the transparency of a regulated market. She added, “We are happy to launch this new segment at Nasdaq Stockholm with 21Shares as the first issuer.” According to the press release, most traditional banks and brokers allow investors to trade all ETNs listed on Nasdaq Stockholm. This is a first that opens up new possibilities to investors interested in investing in cryptocurrencies but who are uncomfortable doing so on unregulated exchanges. The cryptocurrency market has experienced a steep rise in valuation throughout the previous year. Despite some recent price dips, interest in cryptocurrencies continues to be high. One reason for this sustained interest may be the possibility of increased institutional investment in the market. As institutional investment in cryptocurrencies increases, we’ll likely see more products such as ETNs being listed on regulated exchanges. As reported by Cointelegraph in September, VanEck introduced Solana (SOL) and Polkadot (DOT) ETNs on Deutsche Boerse’s Xetra.