A Scandinavian Bank Offers Bitcoin for ETN
Channel: KCN News
Date: 2017-09-20

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Denmark’s multi-asset and trading institution Saxo Bank clients get exposure to Bitcoin thanks to two new Exchange Traded Notes tracking the movement of Bitcoin against the US Dollar. Thestreet.com remarks about that, according to the annually published bank report, the significant rising of Bitcoin and cryptocurrencies was observed, especially in China and Japan in 2017. Claus Nielsen, the head of marketing, acknowledged that they were following the development of cryptocurrencies closely, so the decision to add two new listed instruments on the Saxo Bank platform tracking the movement of Bitcoin has been made. In 2014, then-current CEO Lars Seier Christensen justıfıed his personal interest in bitcoin claimıng it to be a great opportunity for worldwide investors.
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