Allow sponsoring financial institutions to get cheap financing through exchange traded notes. (alephblog.com)
Notably, in late 2016, Global Advisors completed the acquisition of XBT Provider AB, a Swedish - domiciled issuer of the worlds» only Exchange Traded Notes which track the price of bitcoin. (cryptoninjas.net)
It was announced today by the Board of Directors of XBT Provider AB, an issuer of bitcoin Exchange Traded Notes (ETNs) which trade on Nasdaq Stockholm that the investment company would distribute the appropriate amount of Bitcoin Cash (BCH) to ETN holders from the August 1st fork event. (cryptoninjas.net)