Swedish Autostock Adds Valour's Bitcoin ETP to Its Offering

Valour's offering includes a set of exchange-traded products (ETPs) based on the prices of popular cryptocurrencies. Autostock customers gain the opportunity to invest in one of them. Bitcoin Zero tracks changes in BTC prices, allowing clients to invest in an ecosystem of digital assets without additional management fees.

"Coinbot Zero by Valour executes within the ISK or Kapitalförsäkring-wrapper on Nordnet in Sweden and utilizes Valour Bitcoin ZERO SEK (CH0585378661) making it a perfect match for a first of its kind program as it precisely tracks the price of Bitcoin," Marco Infuso, the Chief Sales Officer at Valour, said.

"Another step towards crypto adoption – democratization of the entire crypto eco system at its best."

Three Years of Crypto ETPs Development

Valour is a Zug-based Swiss cryptocurrency company funded in 2019, which enables institutional and retail traders to access digital asset markets through exchange-traded products. The company was founded by Olivier Francois Roussy Newton, the first to list a cryptocurrency mining company, HIVE Blockchain, on the Canadian stock exchange back in 2017.

The company is a part of publicly-listed DeFi Technologies, which was also founded by Newton. However, the company's shares have fallen 98% since last year's Bitcoin all-time high, pushing it back to the 'penny stock' category.

In addition to Bitcoin Zero ETP, Valour offers funds that track the prices of nine other cryptocurrencies, including Ethereum (ETH), Solana (SOL) and Cardano (ADA). On top of that, it provides a basket of the ten most popular cryptocurrency assets, the Digitial Asset Basket 10 ETP.