Crypto ETP

Definition ∞ A Crypto ETP, or Crypto Exchange Traded Product, is a financial instrument traded on traditional stock exchanges that tracks the price of one or more cryptocurrencies. These products allow investors to gain exposure to digital assets without direct ownership of the underlying cryptocurrency. ETPs can be structured as exchange-traded funds (ETFs) or exchange-traded notes (ETNs).
Context ∞ The introduction and approval of Crypto ETPs are significant news items, signaling increased institutional acceptance and accessibility of digital assets for conventional investors. These products simplify investment by managing custody and regulatory compliance, thereby attracting a wider market segment. Regulatory decisions regarding new Crypto ETP listings are closely watched as they often influence market liquidity and sentiment.