ETHPoW, the Proof-of-Work hard fork of Ethereum, will have its own ETP, i.e., Exchange Traded Product. It should arrive and be accessible on the XETRA exchange on September 16. To represent a set of miners opposed to Ethereum switching to PoS, the new Ethereum ETP from ETC Group will rely on a forked PoW Ethereum chain. The ETC Group’s new physically-backed ETP, known as ETC Group Physical EthereumPoW, or ETHWetc, will be built on the PoW chain’s new coin, ETHW. We've today announced an upcoming ETP listing based on the Ethereum hard fork with holders of our current Ethereum ETP (Ticker ZETH), getting additional units of the new security free of charge on a 1:1 unit basis. News: https://t.co/Si4eUK0amz Details: https://t.co/5pHCZpvtnE — ETC Group (@ETC_Crypto) September 7, 2022 ETC Group and Crypto Products Several cryptocurrency products are available from The ETC Group and are traded on regulated exchanges. Thanks to the entire process, investors can easily fund in the cryptocurrency market, which stores the client-offered collateral in institutional-grade custody. The organization is managing more than $368 million worth of assets. ETC Group Physical Ethereum The business emphasized that the original ETC Group Physical Ethereum (ZETH) would still exist alongside the new ZETW. On brokerage accounts, existing ZETH holders will instantly receive the new token ZETW as an addition in a ratio of 1:1. According to the ETC Group’s ...
