SIX crypto product trading turnover jumps 256% to $59mn in January

In products with cryptocurrencies as underlyings, SIX Swiss Exchange trading turnover in January 2020 reached CHF56.9 million ($59.0mn), an increase of +256% over the previous month. The number of trades in January reached 2,252 which corresponds to an increase of +145% over the previous month.

Currently, investors have a choice of products on seven different cryptocurrencies as well as on several baskets of cryptocurrencies. As trackers for individual cryptocurrencies those are: bitcoin cash (BCH), bitcoin (BTC), ethereum (ETH), litecoin (LTC) and ripple (XRP). The product with the highest turnover, ZXBTAV, has bitcoin as an underlying.

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