The ETC Grouping and white-label issuer HANetf take reportedly announced the continuation of their partnership with the introduction of the ETC Group Digital Assets & Blockchain Equity UCITS exchange-traded fund (ETF), which tracks other cryptocurrency products.

The new crypto-focused fund will provide digital assets and blockchain investment possibilities in a diversity of subject areas, according to reports. Investors who are unable to trade digital assets directly or practice not wish to agree non-UCITS may find the new ETF appealing.

The ETC Group and HANetf are the chief participants in the multi-billion dollar BTCEtc - ETC Group Concrete Bitcoin (BTCE), which is now the globe's largest directly-backed Bitcoin (BTC) exchange-traded production (ETP). BTCE has average daily trading volumes of $26.3 million, which is more than than 7 times greater than the side by side highest competitor in the industry, according to a report by CryptoCompare last calendar month.

Investors can now utilize the latest offering by the partners to access digital infrastructure companies that are poised to benefit from the blockchain revolution, such as those in cryptocurrency mining, blockchain technology, and cryptocurrency trading and exchanges.

According to the ETC Group's Bradley Duke, digital assets and blockchain accept taken hold in nearly every sector and industry on the planet. He goes on to say that:

"Due to its secure data, transparency and efficiency, blockchain and distributed ledger technologies are transforming a wide variety of industries from banking and financial service to healthcare and life science."

The ETF is among the outset European disinterestedness funds to focus on digital assets or blockchain firms. The Invesco Bitcoin Strategy ETF (BITA), Commencement Trust Indxx Innovative Transaction & Procedure UCITS ETF (LEGR LN) and VanEck Vectors Digital Assets Equity UCITS ETF are merely a few of the other Bitcoin-centric ETFs available.