How do you buy a crypto ETP?

Summary

A crypto ETP is bought through a broker that offers its exchange listing. Check the product name and ISIN to identify the security, then compare the available listing, trading currency and current buy and sell prices. The product page explains its backing and management fee.

Published September 28, 2026updated September 29, 2026

Written by

Andreas Severin

CSO

17+ years in derivatives, structured products and asset management. At Virtune since 2023, responsible for the company's institutional investors and distribution of its crypto ETPs.

Editorial reviewer

Peter Arvidsson

Co-founder & COO

Responsible for the operations behind Virtune's physically backed crypto ETPs since the company's start in 2022, from issuance to exchange listing.

Check the full product name and ISIN against the issuer’s product page.
The same security can have different tickers on different exchanges. Broker availability varies.
Management fees, the bid-ask spread, brokerage charges and currency conversion are separate costs.

Where can a crypto ETP be bought?

A crypto ETP is bought through a broker that offers access to its listing exchange. The issuer does not sell the listed security directly to an ordinary investor. Availability depends on the specific product, listing, country and broker; an exchange listing alone does not mean every broker offers it.

A Virtune ETP can be listed on more than one exchange, but availability differs between products and brokers. Start with the specific product page to see where that security is listed and which ticker it uses on each exchange. A ticker alone is not enough to identify the same security across markets. Nasdaq's ETP market¹ is one example of an exchange where such products trade.

Finding the security at a broker

The issuer's product page gives the full name and ISIN to search for at a broker. The ISIN identifies the security even when its ticker changes between exchanges. For example, Virtune Bitcoin Prime ETP is one security that can appear under different exchange tickers. The broker decides which of those listings it offers.

Check the listing and trading currency before looking at the broker's current buy and sell prices. Those prices tell you what an order would cost at that moment. After a purchase, the holding in the broker account is the ETP security, not bitcoin in a wallet.

Costs at purchase and during ownership

The issuer's management fee is reflected in the product's value. The bid-ask spread is the difference between the broker's current buy and sell prices. A broker may also charge commission and, when relevant, for currency conversion. The product page shows the management fee; the broker shows the prices and its own charges. The fee alone does not describe the full cost of buying and holding an ETP.

Physical backing

In a physically backed ETP, the underlying crypto assets are held as collateral for the securities. Virtune's crypto ETPs use this form of backing². The investor owns the security, not the crypto assets held for it. What an ETN is explains how that note structure and its collateral affect the holder's claim.

Risks after an order

Trading is limited to exchange hours even though crypto markets operate continuously. Spread, liquidity, currency, issuer, collateral and custody risks can affect the outcome. An order through a familiar broker does not remove those risks.

Everything on buying through a broker

First identify the security and its listing. What an ETP is explains the product category; what a crypto ETN is explains the note you own and how backing works.

What does ETP mean?: The category, the structures inside it, and what the product structure adds and takes away compared with holding the crypto asset directly.

Sources

Nasdaq: Exchange traded products on Nasdaq's European markets
Virtune Investor Relations: Collateralization Methodology