Financial Services Company Launches Bitcoin ETP

Berlin, Germany — (SBWIRE) — 03/30/2022 — Bitcoin continues to gain ground in the mainstream and now it has been announced that Fidelity International will be listing a bitcoin exchange-traded product. The product is going to be made available on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange, with the German stage already complete. The physically backed bitcoin ETP has Fidelity Digital Assets as its custodian and a total expense ratio of 0.75%. Fidelity International is a very well-established financial services company with a history that goes back to 1969. It is the latest big name to venture into cryptocurrencies but it certainly won’t be the last. Currently, Fidelity has more than $800 billion in assets under management. The bitcoin ETP launched by Fidelity comes after the asset manager Invesco announced in November last year that it had listed a BTC ETP on the Xetra digital stock exchange. It also follows on from the rejection of Fidelity’s Wise Origin Bitcoin Trust spot ETP earlier in 2022.

Selby Jennings is one of Europe’s leading financial services recruitment agencies helping organisations keen to expand into innovative fields find the right talent to make growth happen. The firm was established in 2004 and has evolved as the banking and financial services industry has, offering a broad spectrum of hiring support. That includes recruitment for a range of fields, from commodities to investment management, private wealth management, quantitative research and trading as well as insurance and actuarial. Selby Jennings is one of the few financial services recruitment agencies able to offer comprehensive support to both corporations and candidates, thanks to its extensive experience and resources. Those resources include a database of more than a million mid-to-senior professionals and connections at enterprises across Europe. Thanks to a broad mix of permanent, contract and multi-hire solutions, Selby Jennings is able to create recruitment options for just about any hiring need.

As one of the leading specialist financial services recruitment agencies in Europe, Selby Jennings offers extensive reach to client companies and candidates. That includes nationwide in Germany, in all key locations, including Frankfurt, Berlin, Munich, Hamburg and Cologne. In addition, Selby Jennings is also the recruitment partner of choice to hundreds of world-leading companies as part of the Phaidon International group, which operates across 6 countries. The team in Germany is part of a 1,000+ strong worldwide workforce, which is vital given the cross-border nature of recruitment today. Equally important is the way that the team has been developed internally. Consultants are trained on an ongoing basis and work with best-in-class recruitment technology and strategies. As one of Germany’s expert financial services recruitment agencies, Selby Jennings is able to offer many different roles, including Business Development Director [Crypto Hedge Fund], Junior Equity Analyst and Quant Developer.

The team at Selby Jennings said, “Little did we know that the pandemic would spark a new chapter for financial services. From ever-evolving regulations, mercurial consumer expectations, digital transformation, to the heightened competition from incumbents and new entrants, financial services verticals evolved at lightning speed – all while in a stage of poised recovery with the need to future-proof operations from additional disruption.

Alongside challenges brought on by the pandemic, financial services in 2021 were gripped by the wider political and socio-economic context that was Brexit, as banks and financial institutions packed their bags to move some, or all, of their operations to cities across Europe. However, Financial Services were one of the few bright spots of the past year, providing fuel to the economy and scaling up in a time where many sectors wouldn’t take the risk. 2022 is already shaping up to be a record-breaking year in terms of talent movement, and we can’t wait to help clients secure that world-class talent.”

To find out more information about financial services recruitment agencies in Germany visit

https://www.selbyjennings.de

For any media enquiries please contact Gary Elliott at Iconic Digital – 020 7100 0726.

For all other enquiries please contact Selby Jennings: +49 30 72 62 11 444.

For more information about Selby Jennings services, please go to https://www.selbyjennings.de

About Selby Jennings
Selby Jennings knows that building the right team isn’t easy. However, with the support of the right hiring partner, access to key networks and contacts, it’s possible to reimagine the process of recruitment to make it more positive, satisfying and productive.

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