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Seba Bank lists digital assets ETPs on Swiss Exchange

News Team, 08/04/2021

Seba Bank today announced it is listing a suite of digital-assets-based exchange traded products (ETPs) on the SIX Swiss Exchange in partnership with GHCO, a liquidity provider specialising in exchange traded funds, from tomorrow (9 April).

The ETPs have been designed to provide investors with secure and cost-effective access to digital assets without the typically associated custody and security challenges.

The product suite consists of Bitcoin and Ether Tracker Certificates in USD, as well as the first CHF currency-hedged Bitcoin Tracker in the market. The Tracker Certificate on the SEBAX® Crypto Asset Select Index, a leading digital assets market index, is also being listed. SEBAX® is a combination of professional index methodology and bottom-up research.

Seba Bank´s Research unit applies the highest standards and complies with the Swiss Bankers Association research guidelines. Digital assets are selected according to a rigorous process combining quantitative metrics and in-depth qualitative analysis.

GHCO will act as the liquidity provider and market maker for the newly listed ETPs. The partnership between Seba Bank and GHCO will leverage the firms’ respective expertise in asset management and market making as investor appetite for digital assets continues to grow.

Guido Bühler, CEO Seba Bank, said: “We set out to build a bridge from traditional banking to the digital world. Our product philosophy and the exceptional performance track record of the SEBAX® Index are a reflection of this ambition.”

Stefan Kaba-Ferreiro, head of trading and managing partner at GHCO said: “ETPs are a key development for investing in crypto assets as it matures as an asset class and we see more demand for reliable, easily-accessible infrastructure with deep pools of liquidity.”

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