DeFi Technologies, a financial technology company specializing in the convergence of traditional capital markets with the world of decentralized finance (DeFi), has launched the first Short Spot Bitcoin ETP in the Nordic countries. The ETP, called Valour Short Bitcoin (SBTC) SEK, allows investors to profit from or hedge against the fluctuations in the price of Bitcoin. This innovative financial product provides experienced investors with strategic portfolio management options and the flexibility to adjust portfolios based on daily market movements.
Johanna Belitz, Nordic Sales Director at Valour, believes that the Short Spot Bitcoin ETP will set a new standard for investment products in the region. The availability of this ETP on the Nordic markets provides transparency, security, reliability, and competitive management fees.
DeFi Technologies focuses on pioneering the integration of traditional capital markets with the emerging DeFi world. The company aims to provide investors with broad access to the future of finance through industry-leading Web3 technologies. Valour Inc., a subsidiary of DeFi Technologies, is a leading issuer of exchange-traded products that provide simplified access to digital assets such as Bitcoin.
Valour offers fully collateralized and low- to no-fee ETPs for digital assets, including Valour Uniswap, Cardano, Polkadot, Solana, and other popular cryptocurrencies. The flagship products, Bitcoin Zero and Ethereum Zero, are the first fully collateralized passive investment products based on Bitcoin (BTC) and Ethereum (ETH), respectively, with zero fees.
This launch represents an important milestone for the availability of various financial products in the Nordic markets. Valour’s Short Spot Bitcoin ETP provides investors with new strategic opportunities, whether it’s to profit from a decline in the Bitcoin price or to hedge against it. With its unique features and benefits, this product is expected to appeal to the experienced trading community.
Overall, DeFi Technologies and its subsidiary Valour continue to innovate and provide investors with simplified access to the rapidly evolving world of digital assets. As they expand their product offerings in the Nordic region, they aim to revolutionize the way individuals and institutions interact with the financial ecosystem.
Sources:
– Press Release: [DeFi Technologies Announces the First Short Spot Bitcoin ETP](https://www.prnewswire.com/news-releases/defi-technologies-announces-the-first-short-spot-bitcoin-etp-846233699.html)
Quelle: DeFi Technologies Inc. / ots