Swiss exchange SIX, which launched the Amun AG exchange traded product (ETP) HODL, plans to add an XRP ETP within the next two months.
Amun AG, the same company behind HODL, an ETP combining several of the top cryptocurrencies, will release an XRP-specific ETP tracking the price of the cryptocurrency. It will be the first product to specifically track the price of a single cryptocurrency. Amun AG has also reportedly received clearance to create additional ETPs for Bitcoin Cash, Litecoin, Stellar and EOS by year end.
HODL was released in November 2018 and recently took over the trading volume of XETC, a crude oil ETP. It was the top traded ETP on SIX in December 2018 and January 2019.