Investors will benefit from the extended trading hours of the crypto ETNs running from 8:00 to 22:00 hours, taking advantage of crypto volatility. The exchange notes that traders will also take part in the assets’ price development. Börse Stuttgart’s Director of Trading Jürgen Dietrich notes that the increasing crypto interest played a role in the latest product. Börse Stuttgart listed the first ETN in November 2017. ADA and XLM securities trading is enabled by crypto investment firm 21Shares.
Four ETNs part account for exchange-traded products with high returns
Furthermore, four ETNs made up 30 exchange-traded products with the highest order book turnover in 2021 for Börse Stuttgart. In April, the Börse Stuttgart recorded a trading volume of about €8.4 billion, with securitized derivatives accounting for the largest share. The product registered a trading volume of over €3 billion. Elsewhere, leverage product accounted for a turnover of about €2.1 billion. Furthermore, exchange-traded products (ETPs) had a turnover of €1.9 billion, a 17% increase compared to April 2020. [binance]
