• Tue. Dec 3rd, 2024

Valour Launches Its First Zero-Fee Bitcoin Exchange Traded Project

Phillip Seefeldt

ByPhillip Seefeldt

Dec 3, 2020
A few months back, one of Japan’s most popular e-gaming companies, SBI Esports took its fans and players by a surprise. The e-gaming company announced that it was going to pay its employees (players) in Ripple (XRP).

Businesses and individuals have always been excited to transact with little or no fees, which will aid their transaction and give them more value for money. Crypto traders need not worry as they will enjoy transacting with a Bitcoin ETP from Valour Structured Products.

Bitcoin ETP, also known as Bitcoin Zero, is the first fully-hedged, passive investment product with Bitcoin (BTC) as its underlying asset and charging zero management fees. Valor, the Swiss-based firm, is known for creating innovative technologies and has recently launched this card with zero management fees to the delight of crypto traders and investors.

New Bitcoin ETP to begin on December 3

The Bitcoin ETP, also known as Bitcoin zero, will begin its operation come December 3, 2020, on Sweden -based stock exchange Nordic growth Markets. The product is available in Euros(BTC ZERO EUR) and Krona(BTC ZERO SEK). This new product aims to enable crypto traders and investors make more comfortable, secure, and cost-effective cryptocurrency related transactions and hereby continue to gain mainstream adoption.

Trading Bitcoin Zero is as secure and straightforward as buying shares. It can be done through any broker or financial institution with access to the Nordic Growth Market Stock Exchange. The product is aimed specifically at BTC traders before it shifts its attention to other cryptocurrencies. Bitcoin zero is designed to allow everyone to trade without difficulties associated with buying, selling, and general trading with BTC.

Valour CEO hopes its new product will appeal to its users

The CEO of Valour, Johan Watterson, spoke on this innovation, stating that “Our mission is to make investments in disruptive technologies accessible to all. The launch of the Bitcoin Zero ETP is very much a part of this. It marks a significant step towards the mainstream adoption of digital assets, enabling investors to diversify their portfolios and gain exposure to Bitcoin, whose value has almost tripled this year.

The innovation from Valor Structured products, which will be traded on Swedish Exchange, Nordic Growth Markets, has also drawn comments from Tommy Fransson, the deputy CEO of the firm, who expressed his delight in the product and welcomed Valor to their family. He believes that the over 15 years of partnership and support of Nordic Growth to the ETP market will be of immense value to this innovation.

He further stressed that digital assets remain an essential part of the future, and he believes products like this will make it more appealing to everyone. A lot of analysts agree with Tommy and expect crypto traders to take advantage of this innovation. Valour Structured Products Inc. issues exchange-traded products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, and securely. Founded in 2019 by Johan Wattenström, the firm is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets.

Phillip Seefeldt

Phillip Seefeldt

Phillip Seefeldt is a skilled and perceptive news writer known for his comprehensive analysis and engaging writing style. With a commitment to accuracy and a deep understanding of current affairs, his articles provide readers with insightful perspectives and thought-provoking insights.

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