XRP ETP to Be Listed on Europe's Third-Biggest Stock Exchange

[Sharpmax]

London-headquartered crypto money manager CoinShares has announced the launch of a new XRP exchange-fund product (ETP).
It will trade on Zurich-based SIX Swiss, the third-largest stock exchange in the world with a total market cap of over $1.6 trillion, under the XRPL ticker.
Each unit represents 40 XRP tokens that are currently worth around $68. The base fee of the XRP ETP is set at 1.5 percent per annum.
This April, CoinShares, the largest European asset manager, also launched a similar product for Litecoin.
Earlier this year, the company also introduced ETPs backed by Bitcoin and Ethereum. Source

[babu10]

I think this is very very good news for Xrp lovers and those who are doing negligence xrp for internal problem, can be proud with it. I think gradually XRP will recover its bad situation and those who were far from xrp will come across with it. XRP still carrying its position in CMC so that no need to upset.

[Freemind]

This news is incredibly positive. This is how Ripple works, it keeps building despite the problems they may have in other countries and without a doubt its arrival in Europe will put XRP in the eyes of many investors from the old continent. Maybe in a few months (or weeks) we will see a lot of European institutional money approaching XRP. It is strange that I have not come across this news before.