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Digital currencies take off with new Ether notes on Nasdaq

Investors can now bet on the price of more than one cryptocurrency through an exchange-traded note

Digital currencies take off with new Ether notes on Nasdaq

Two new financial instruments linked to the price of Ether, a digital currency, can now be traded on Nasdaq's Swedish market, underlining the growing momentum of the controversial sector.

XBT Provider, which was acquired by Jersey-based CoinShares last month, said on Wednesday that two exchange-traded notes are available for trading on Nasdaq Stockholm for the first time. The notes are denominated in Swedish krona and the euro.

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