# SIX Swiss Exchange lists Ethereum-based ETP

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/investing/1397
Published: 2019-03-05T11:06:08.000Z
Updated: 2019-03-05T11:06:08.000Z
Section: Investing

> Switzerland’s principal stock exchange, SIX Swiss Exchange, has launched trading of Ethereum-based exchange-traded product (ETP), Forklog reported.

Switzerland’s principal stock exchange, SIX Swiss Exchange, has launched trading of Ethereum-based exchange-traded product (ETP), [Forklog](<https://forklog.com/vedushhaya-fondovaya-birzha-shvejtsarii-zapustila-torgi-etp-na-baze-ethereum/>) reported.

According to the [details](<https://www.six-group.com/exchanges/exchange_traded_products/security_info_en.html?id=CH0454664027USD4>), the product, ‘Amun Ethereum ETP,’ will trade under the ticker symbol “AETH.” Its annual management fee will be 2.5%.

This follows the launch of [Amun Crypto Basket Index ETP](<https://www.six-group.com/exchanges/exchange_traded_products/security_info_en.html?id=CH0445689208USD4>) in late November 2018, which trades under the ticker symbol “HODL.” In addition, SIX has also [launched Bitcoin-based ETP](<https://www.six-group.com/exchanges/exchange_traded_products/trading/newlistings/2019/details_en.html?id=CH0454664001USD4>) last month under the ticker symbol “ABTC.”

Speaking to news.Bitcoin.com, a spokesperson from the Swiss financial regulator FINMA had [clarified](<https://tokenpost.com/Crypto-exchange-traded-product-ETP-to-begin-trading-on-SIX-Swiss-Exchange-on-November-21-753>) the difference between ETPs and ETFs (exchange-traded funds) saying:

“It is important to separate ETPs from ETFs, as ETPs are not subject to the Collective Investment Schemes Act (Cisa) and are therefore not supervised by Finma [Swiss Financial Market Supervision Authority].”

Last month, the stock exchange [revealed](<https://tokenpost.com/SIX-Swiss-Exchange-to-launch-blockchain-based-digital-asset-exchange-1227>) that it plans to test blockchain integration for its upcoming “SIX Digital Exchange” (or SDX) in the latter half of this year.

Thomas Zeeb, Head Securities & Exchanges at SIX, [explained](<https://www.six-group.com/en/home/blog/six-digital-exchange-future.html>) that SDX is being developed as an “end-to-end trading, settlement, and custody platform for tokenized assets that will operate in a regulated environment.”

“[T]he first assets that we would like to tokenize as part of a minimum viable product (MVP), an early version of SDX, are securities that are already traded today on our exchange. We plan to take that step in mid-2019,” he added.

## Links in this article

- [Forklog](https://forklog.com/vedushhaya-fondovaya-birzha-shvejtsarii-zapustila-torgi-etp-na-baze-ethereum/)
- [details](https://www.six-group.com/exchanges/exchange_traded_products/security_info_en.html?id=CH0454664027USD4)
- [Amun Crypto Basket Index ETP](https://www.six-group.com/exchanges/exchange_traded_products/security_info_en.html?id=CH0445689208USD4)
- [launched Bitcoin-based ETP](https://www.six-group.com/exchanges/exchange_traded_products/trading/newlistings/2019/details_en.html?id=CH0454664001USD4)
- [clarified](https://tokenpost.com/Crypto-exchange-traded-product-ETP-to-begin-trading-on-SIX-Swiss-Exchange-on-November-21-753)
- [revealed](https://tokenpost.com/SIX-Swiss-Exchange-to-launch-blockchain-based-digital-asset-exchange-1227)
- [explained](https://www.six-group.com/en/home/blog/six-digital-exchange-future.html)