Swiss-based crypto investment manager FiCAS AG has <a href="https://m.marketscreener.com/news/latest/EQS-News-FiCAS-AG-Active-Crypto-ETP-now-available-across-Europe--32137134/" target="_blank" rel="nofollow noopener">received</a> regulatory approval to make its cryptocurrency exchange-traded product (ETP) available across Europe. The firm’s 15 FiCAS Active Crypto ETP (BTCA) will now be available to investors outside of the Swiss market. FiCAS initially launched its crypto ETP in July 2020, listing it on SIX Swiss Exchange. Its performance since its launch has soared by nearly 60%.
<h2><strong>FiCAS Active Crypto ETP to be Available in Europe</strong></h2>
The announcement indicates that investors across Europe will now be able to purchase the BTCA through their respective banks or brokers connected to the <a href="https://www.cryptoknowmics.com/news/swiss-stock-exchange-six-lists-physically-backed-bitcoin-etp/">SIX Swiss exchange</a>.

The crypto investment manager currently trades cryptocurrencies including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). As of Jan. 6, the firm’s ETP’s assets under management have increased to over $5 million.

In the announcement release, Ali Mizani Oskui, FiCAS Founder, said:

<em>"Gaining access to the EU marketplace marks a significant breakthrough in our mission to make the world's first actively managed - the 15 FiCAS Active Crypto ETP - available to retail and professional investors across Europe. Together with our partners, we are leading the charge in bringing about the adoption of crypto assets for all  investors in Europe."</em>

BTCA lowers the entry barriers for the crypto market, providing investors exposure to crypto through fully regulated and secured means.
<h2><strong>15 FiCAS is the World's First Actively-Managed ETP</strong></h2>
FiCAS's 15 FiCAS Active Crypto ETP is the world's first actively-managed exchange-traded product (ETP) that features cryptocurrencies as underlying assets. It is a  discretionary-managed investment vehicle that does not track bitcoin or any combination of coins. Although, it actively manages investments across the top 15  cryptocurrencies to generate sustainable returns over a period of 3 to 5 years.

The firm's investment strategies are based on fundamental and technical analysis, proprietary algorithms, and quant signals including experienced analysts. Founded in 2019, FiCAS is led by a team of professionals from both crypto and traditional finance.

FiCAS Active Crypto ETP Approved for European Expansion

Crypto investment manager FiCAS AG has received regulatory approval to make its cryptocurrency exchange-traded product (ETP) available across Europe.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

FiCAS Active Crypto ETP Approved for European Expansion

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