Nasdaq Dubai welcomes 21Shares' Bitcoin ETP
The Middle East has emerged as a prominent space for crypto , metaverse, and Web3 in general. A multitude of firms was seen steering toward the Middle East offering a wide range of services. Prominent crypto investment product firm 21Shares decided to give the Middle East a glimpse of physical Bitcoin exchange-traded products [ETP]. JUST IN: 🇦🇪 21Shares lists Middle East’s first #Bitcoin ETP on Nasdaq Dubai. — Watcher.Guru (@WatcherGuru) October 12, 2022 In a recent announcement, it was brought to light that 21Shares was rolling out the first physically-backed Bitcoin ETP in the Middle East. The firm was listing 21Shares Bitcoin ETP on Nasdaq Dubai under the ticker ABTC. Hany Rashwan, CEO and co-founder of 21Shares who is from the Middle East expressed his excitement about going back to his roots. Rashwan noted that the firm was committed to offering “regional investors safe and secure access to cryptocurrency-backed products.” He ...