Cryptocurrencies
VanEck Lists Bitcoin ETN Amid Wave of Interest in Cryptocurrency
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Van Eck Associates Corp. launched a Bitcoin exchange-traded note on the Deutsche Boerse Xetra exchange to capitalize on a wave of interest in digital currencies.
The note, which has $2 million in assets, is fully invested in Bitcoin, partially insured and held offline with a crypto custodian in so-called “cold storage,” providing some protection against theft by hackers.