DeFi Technologies Launches First Short Spot Bitcoin ETP in Nordic Region
DeFi Technologies Inc., a financial technology company merging traditional capital markets with decentralized finance (DeFi), has announced the launch of the Valour Short Bitcoin ETP by its subsidiary, Valour Inc. This innovative financial product, known as Valour Short Bitcoin (SBTC) SEK, provides investors with a unique opportunity to profit from or hedge against Bitcoin price movements.
Key Takeaways
- Valour Inc., a subsidiary of DeFi Technologies, introduces the first Short Spot Bitcoin ETP in the Nordic region, named Valour Short Bitcoin (SBTC) SEK.
- The Short Spot Bitcoin ETP inversely tracks Bitcoin price movements, allowing investors to benefit from or protect against declines in the digital asset’s market price.
- Designed for experienced investors, the ETP offers strategic investment options and flexibility for portfolio adjustments based on daily market changes.
- The launch of Valour Short Bitcoin ETP signifies a significant development in the availability of diverse financial products in the Nordic markets.
- Valour provides a range of digital asset ETPs with minimal to no management fees, available on various European exchanges, banks, and broker platforms.
The Valour Short Bitcoin ETP is an exchange-traded product that moves inversely to the price of Bitcoin. This means that when Bitcoin’s price drops, the ETP’s value rises, enabling investors to potentially profit from or hedge against market downtrends.
Geared towards seasoned investors, this product offers strategic investment opportunities and the flexibility to adjust portfolios promptly in response to daily market movements.
Johanna Belitz, Valour’s Head of Sales in the Nordics, emphasized the significance of this launch, stating,
“As the pioneer of Short Spot Bitcoin ETP in the Nordics, we are establishing a new standard for investment products in the region. Designed for short-term strategic usage, such as hedging existing portfolios, we believe this innovative product will strongly resonate with our trading-savvy community.”
The launch of Valour Short Bitcoin ETP represents a notable milestone in expanding the range of financial products available in the Nordic markets.
This product offers transparency, security, and reliability, coupled with competitive management fees, making it an attractive option for investors seeking portfolio diversification and risk management.
Valour Inc., a subsidiary of DeFi Technologies, stands as a prominent issuer of exchange-traded products that simplify access to digital assets. Alongside the Short Spot Bitcoin ETP, Valour offers a variety of digital asset ETPs with minimal to zero management fees, listed on European exchanges, banks, and broker platforms.
Some of their standout products include Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), as well as Bitcoin Zero and Ethereum Zero, the initial fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings, which are entirely fee-free.
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