Ethereum ETN Offered by Hargreaves Lansdown

FinTech, Investing, News | October 26, 2017 By:

Asset manager Hargreaves Lansdown has added its second cryptocurrency exchange-traded note to its investment options.

The UK-based company told the CityWire news that two ethereum ETNs, COINETH:SS and COINETHE:SS, are on offer. They are denominated in Swedish krona and the euro, respectively.

The new TNs emerge four months after Hargreaves Lansdown offered a bitcoin ETN. That ETN is traded on Sweden’s NASDAQ exchange.

Both offer investors exposure to cryptocurrency through investment instruments. The news report announcing the ETN quoted Danny Cox, head of communications at Hargreaves Lansdown, describing the offering as a “complex investment” for select investors.