Valour Launches First Short Spot Bitcoin ETP in the Nordics

Table of Contents

• TLDR

DeFi Technologies Inc., a financial technology company pioneering the convergence of traditional capital markets with the world of decentralized finance (DeFi), has announced that its subsidiary Valour Inc. has launched the first Short Spot Bitcoin ETP in the Nordic region.

The financial product, known as Valour Short Bitcoin (SBTC) SEK (ISIN: CH1149139649), provides investors with a novel way to profit from or hedge against Bitcoin’s price movements.

TLDR

• DeFi Technologies’ subsidiary Valour Inc. has launched the first Short Spot Bitcoin ETP in the Nordics, called Valour Short Bitcoin (SBTC) SEK.
• The Short Spot Bitcoin ETP inversely tracks the price movements of Bitcoin, allowing investors to profit from or hedge against declines in Bitcoin’s market price.
• The ETP is designed for experienced investors and offers strategic investment opportunities and flexibility for portfolio adjustments based on daily market movements.
• The introduction of the Valour Short Bitcoin ETP marks a significant milestone in the availability of diverse financial products in the Nordic markets.
• Valour offers a range of digital asset ETPs with low to zero management fees, listings across European exchanges, banks, and broker platforms.

The Valour Short Bitcoin ETP is an exchange-traded product that inversely tracks the price movements of Bitcoin. This means that when the price of Bitcoin declines, the value of the ETP increases, allowing investors to potentially profit from or hedge against market downturns.

The product is designed with experienced investors in mind, offering strategic investment opportunities and the flexibility to make timely adjustments to portfolios based on daily market movements.

Johanna Belitz, Valour’s Head of Sales in the Nordics, highlighted the significance of this launch, stating,

“As the first to offer a Short Spot Bitcoin ETP in the Nordics, we are setting a new standard for investment products in the region. Tailored for short-term strategic use, such as hedging existing portfolios, we are confident that this innovative product will strongly appeal to our trading-savvy community.”

The introduction of the Valour Short Bitcoin ETP marks a significant milestone in the availability of diverse financial products in the Nordic markets.

The product offers high levels of transparency, security, and reliability, along with competitive management fees, making it an attractive option for investors looking to diversify their portfolios and manage risk.

Valour Inc., a subsidiary of DeFi Technologies, is a leading issuer of exchange-traded products that provide simplified access to digital assets. In addition to the Short Spot Bitcoin ETP, Valour offers a range of digital asset ETPs with low to zero management fees, listings across European exchanges, banks, and broker platforms.

Some of their notable products include Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), and Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings, which are completely fee-free.

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