Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products.
Crypto-Based ETNs Offered to Bulgarian Investors
Bulgarian Stock Exchange (BSE) has started trading crypto instruments tracking the price rates of bitcoin (BTC) and ethereum (ETH). “Investors looking for suitable innovative crypto products may now freely trade in eight crypto exchange-traded notes (ETNs),” according to an announcement published this past Thursday.
With their launch, the Bulgarian stock market follows in the footsteps of major European exchanges such as Deutsche Börse and Euronext, which introduced these instruments two years ago, the BSE noted in the press release. Commenting on the development, BSE Executive Director Prof. Dr. Manyu Moravenov stated:
With the new products of BSE Inter
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