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Wintermute Selected as Liquidity Provider for MSCI Digital Assets Select 20 ETP

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On April 26th, market maker Wintermute announced that it has been selected as the main liquidity provider for the newly created MSCI Digital Assets Select 20 ETP by ETC Group, and

Wintermute Selected as Liquidity Provider for MSCI Digital Assets Select 20 ETP

On April 26th, market maker Wintermute announced that it has been selected as the main liquidity provider for the newly created MSCI Digital Assets Select 20 ETP by ETC Group, and will be fully responsible for optimizing the daily execution of the underlying asset composition by providing complete transparency and operational efficiency.

Wintermute Becomes the First MSCI Index Based Cryptographic ETP Major Liquidity Provider

Market maker Wintermute has recently been chosen as the primary liquidity provider for the MSCI Digital Assets Select 20 ETP by ETC Group. As a result, Wintermute will be fully accountable for improving the daily execution of the underlying asset composition by providing complete transparency and operational efficiency.

What Is the MSCI Digital Assets Select 20 ETP?

The MSCI Digital Assets Select 20 ETP is a digital asset-based exchange-traded product (ETP) that tracks the performance of the top 10 digital assets by market capitalization, as well as ten other assets determined by liquidity measures. Therefore, investors who purchase the ETP are exposed to a diversified basket of digital assets, creating a low-risk form of exposure to this nascent asset class.

Why Is Wintermute Providing Liquidity for the MSCI Digital Assets Select 20 ETP?

Wintermute has earned a reputation for being a market leader in providing liquidity and trading services for digital assets. The firm uses both proprietary high-frequency trading strategies and algorithmic trading tools that offer exceptional trading experiences to clients. By selecting Wintermute as the main liquidity provider for the MSCI Digital Assets Select 20 ETP, ETC Group has chosen a liquidity provider that will optimize the daily execution of the underlying asset composition by ensuring complete transparency and operational efficiency.

The Benefits of Wintermute Providing Liquidity for the MSCI Digital Assets Select 20 ETP

Magdalena Gronowska, Wintermute’s Head of Business Development, stated, “We are seeing more institutional investors turning to digital assets for exposure, and we are thrilled to be selected as the liquidity provider for this innovative product, which offers diversified access to a range of top-performing digital assets.” Through Wintermute’s high-frequency trading strategies and algorithmic trading tools, the company will be able to provide better liquidity to institutional investors, ultimately helping to increase the overall trading volume of the MSCI Digital Assets Select 20 ETP. Additionally, because Wintermute has become the main liquidity provider for the ETP, it also adds an additional layer of trust for investors who may be hesitant to invest in this relatively new asset class.

Conclusion

The MSCI Digital Assets Select 20 ETP represents another innovative way to receive exposure to digital assets. As digital assets become a more mainstream investment vehicle, it is important to have market makers such as Wintermute that provide trading services. Wintermute’s ability to provide better liquidity and optimize the daily execution of the ETP’s underlying asset composition will undoubtedly benefit institutional investors looking to gain exposure to digital assets.

FAQs

Q1. What is Wintermute?
A. Wintermute is a market maker that specializes in providing liquidity and trading services for digital assets.
Q2. How will Wintermute benefit institutional investors investing in the MSCI Digital Assets Select 20 ETP?
A. With the use of high-frequency trading strategies and algorithmic trading tools, Wintermute will provide better liquidity, increasing overall trading volume and adding an additional layer of trust for investors.
Q3. How does the MSCI Digital Assets Select 20 ETP offer exposure to digital assets?
A. The ETP tracks the performance of the top 10 digital assets by market capitalization, as well as ten other assets determined by liquidity measures.

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