Valour Inc., a subsidiary of DeFi Technologies listed on Nasdaq, just launched a cryptocurrency Pi ETP traded in Swedish krona on the Spotlight Stock Market, providing a regulated access pathway for European investors.
The product has a management fee of 1.9% and carries ISIN CH1108681540; at the same time, Valour added eight new ETPs in SEK, raising the total portfolio on European exchanges to over 85 ETPs.
MAIN CONTENT
Valour launched a Pi ETP traded in Swedish krona, with a fee of 1.9%, ISIN CH1108681540.
The company added eight ETPs in SEK, expanding its portfolio in Europe beyond 85 ETPs.
Analysis shows that ETPs can help traditional investors access Pi in a regulated environment.
How did Valour implement the Pi ETP?
Short answer: Valour launched the Pi ETP on the Spotlight Stock Market, traded in Swedish krona, with a management fee of 1.9% and ISIN CH1108681540, aiming to provide a regulated access channel for European investors.
Analysis: Bringing Pi into the form of an ETP allows investors to buy through traditional brokerage firms without needing to trade on cryptocurrency exchanges. This product is issued by Valour Inc., a subsidiary of DeFi Technologies listed on Nasdaq, contributing to creating an investment option that benefits from the legal framework of traditional markets.
What assets are included in Valour's new ETP portfolio?
Short answer: Valour announced eight ETPs in SEK for Shiba Inu (SHIB), Pi (PI), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA).
Analysis: The portfolio expansion aims to meet investor demand for diversification across various blockchains and ecosystems. Valour currently has over 85 ETPs listed on European exchanges, reflecting a product expansion strategy targeting both retail and institutional investors.
Note: Johanna Belitz, Head of Nordics at Valour, stated that the new products meet the diversification needs of investors in the region.
What is Valour's role in response to criticisms aimed at Pi?
Short answer: Some analysts believe that listing Pi as an ETP at Valour could be a turning point for traditional investors to access Pi in a regulated framework.
Analysis: Pi Network is facing criticism regarding its price drop, progress, and transparency. According to the analysis cited in the original content by Dr. Altcoin, bringing Pi into ETP could open the door for ordinary investors to access Pi more safely through brokerage channels. Valour, with its wide range of ETPs, provides a distribution mechanism suitable for investors who are more familiar with the stock market than cryptocurrency exchanges.
Market data analysis: Pi once peaked at a market cap of over 11 billion USD, currently maintaining around 3 billion USD market cap, with daily trading volume close to 100 million USD, indicating significant trading interest despite volatility.
Market Cap Peak Value Index of Pi over 11 billion USD Current market cap of Pi around 3 billion USD Daily trading volume close to 100 million USD Management fee of Pi ETP 1.9% ISIN code CH1108681540 Trading unit Swedish krona (SEK)
Frequently Asked Questions
Does the Pi ETP issued by Valour mean that investors hold actual Pi?
ETPs typically represent exposure to underlying assets without the need to hold the cryptocurrency directly; investors buy through brokerage accounts, subject to the terms and mechanisms of the ETP provided by Valour.
What are the management fees for the Pi ETP and how are the trading details?
The management fee is 1.9%, the product is traded in Swedish krona (SEK) with ISIN CH1108681540 on the Spotlight Stock Market, suitable for European investors using brokerage accounts.
How many ETPs does Valour have listed in Europe?
Valour currently announces more than 85 ETPs listed on European exchanges, covering various types of cryptocurrency assets and different blockchain ecosystems.
Does listing ETP help reduce risks associated with Pi?
Listing ETPs provides a trading environment under the legal framework of the stock market, reducing risks associated with storage and direct trading on cryptocurrency exchanges but not eliminating the price volatility risk of the underlying asset.
What does Dr. Altcoin's analysis say about the impact of ETP on Pi?
According to the original content leading to Dr. Altcoin's analysis, bringing Pi into ETP could be a step for traditional investors to access Pi in a more regulated and safer environment compared to buying directly on cryptocurrency exchanges.
Source: https://tintucbitcoin.com/pi-len-valour-etp-vuot-1-usd/
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