Iconic Funds' Physical Bitcoin ETP (ISIN: DE000A3GK2N1, Ticker: XBTI) will be listed and begin trading on Deutsche Börse's Xetra on May 12, 2021. The exchange traded product ("ETP"), physically backed by Bitcoin, becomes the most cost-effective way for investors to gain exposure to Bitcoin on Xetra with a total expense ratio of 0.95%. The ETP is issued by Iconic Funds BTC ETN GmbH, a subsidiary of Iconic Funds GmbH (collectively branded as "Iconic Funds").
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