Borsa Italiana has listed new Exchange Traded Products (ETPs) from both CoinShares and Bitwise, expanding investment options within its ETFplus Professional Segment. CoinShares launched three ETPs on the Italian exchange, although Bitwise listed five crypto ETPs, according to separate announcements reported this week.
The addition of the CoinShares ETPs was reported by Structured Retail Products, while Yahoo Finance detailed the listing of the Bitwise crypto ETPs. Bitwise’s offerings are specifically focused on cryptocurrency exposure within the ETFplus Professional Segment, a section of Borsa Italiana designed for sophisticated investors.
These listings come as Borsa Italiana, part of Euronext, continues to develop its cross-border opportunities. Recent reports indicate that the Amsterdam-based exchange, Euronext, has rejected a call from CDP (Cassa Depositi e Prestiti), an Italian state-backed investment fund, to replace CEO Nicola Testa. This rejection occurred despite CDP’s concerns regarding the direction of the exchange, according to marketscreener.com.
Simultaneously, Borsa Italiana and ADX (Abu Dhabi Exchanges) are exploring potential cross-border collaborations, as reported by Markets Media. The nature of these opportunities remains unspecified, but signals a broader strategy to enhance connectivity and investment flows between European and Middle Eastern markets.
The new ETP listings represent a diversification of product offerings on Borsa Italiana, particularly in the rapidly evolving crypto asset space. The exchange has not commented on the relationship between these product launches and the ongoing governance discussions surrounding Euronext.
