According to Odaily Planet Daily, ETC Group announced the launch of its latest exchange-traded product (ETP) on Deutsche Börse XETRA: ETC Group Core Bitcoin ETP (code BTC1; ISIN DE000A4AER62). The product is "tailored for benchmark-focused, long-term buy-and-hold investors, as well as global institutional investors with extended liquidity and risk management needs" and has a total expense ratio (TER) of 0.30%.