European crypto ETN and ETP report: Monday, June 20

Markets • June 20, 2022, 2:21PM EDT
The Block

Quick Take

  • European crypto investment vehicles tracked by The Block opened the week up on Monday. 

ETPs and ETNs were up across the board on Monday as cryptocurrency prices stabilized. 

Only the ETC Group BTCetc Bitcoin ETP traded down on Monday as the rest of the crypto investment vehicles tracked by The Block gained in value a week on from Celsius halting withdrawals and kick-starting a frenzied sell-off in crypto.

Bitcoin (BTC) and ether (ETH) traded below $20,000 and $1,000 over the weekend before recovering on Monday, this stability in crypto prices proceeded a positive day for crypto ETPs and ETNs with some gaining as much as 7.56% — 21Shares Solana Staking ETP. 

Elsewhere, the US got its first short bitcoin ETF as ProShares announced its latest crypto exchange-traded fund (ETF) on Monday.

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Here's how some of the major European crypto investment vehicles performed on Monday, June 20:


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About Author

Adam Morgan is a reporter covering cryptocurrency, financial markets, and economics – anything from price movements, earnings reports, and inflation to the U.S. Federal Reserve interest rate decisions and everything in between. Adam is based in London.