New crypto ETNs from CoinShares on Xetra: access to cryptocurrencies Cosmos and Polygon including staking premium

Release date: 21 Jun 2022 | Deutsche Börse Cash Market

New crypto ETNs from CoinShares on Xetra: access to cryptocurrencies Cosmos and Polygon including staking premium

Two new crypto ETNs issued by CoinShares are tradable on Xetra and via the Börse Frankfurt trading venue since Tuesday.

The two new exchange traded notes (ETNs) from CoinShares track the performance of the cryptocurrencies Cosmos and Polygon, each fully backed by the cryptocurrency itself. Additionally, investors benefit from the staking premium of five per cent annually, which is earned by depositing cryptocurrency for validation of transactions on the blockchain. The management fee is currently 0.0 per cent per year.

This brings CoinShares' product offering to 13 crypto ETNs, all of which are fully physically collateralised and centrally cleared through Eurex Clearing. 

Name

Asset class

ISIN

Management fee / Staking Reward

Crypto currency

CoinShares Physical Staked Cosmos

ETN

GB00BNRRF980

0 per cent /
3 per cent

Cosmos

CoinShares Physical Staked Matic

ETN

GB00BNRRB013

0 per cent /
3 per cent

Polygon

Further information

Market Status

XETR

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