Vontobel to introduce bitcoin tracker certificate to Swiss traders

Investing | July 5, 2016 By:

Vontobel issued a new tracker certificate on Bitcoin. The new product is a financial instrument similar to share certificates linked to the bitcoin value, and it is available for regular investors in the stock market.

The Vontobel certificate on bitcoin in USD is a classic tracker certificate (SSPA: 1300), traded transparently on the SIX Swiss Exchange. With this investment certificate, investors in Switzerland will thus for the first time be able to participate in BTC/USD trading without buying the actual underlying asset.

“The new bitcoin certificate will for the first time give investors a simple and transparent means of investing in bitcoins on the SIX Swiss Exchange. Vontobel is thus once again demonstrating its capacity for innovation as one of the leading providers of structured products,” said Roger Studer, Head of Vontobel Investment Banking.

Vontobel is a globally oriented Swiss private bank that is headquartered in Zurich.