Cryptocurrency ETP by Anum Crypto Basket (HODL) has been approved by Swiss regulators and trading started earnestly today. The firm offering the ETP is Anum, a Fintech venture based in Switzerland. The instrument started trading today under the ticker symbol HODL on the SIX Swiss Exchange, one of the largest exchanges in Europe. The crypto basket by Anum has about half of its assets committed to Bitcoin whiles the remaining half is shared among XRP, Litecoin and Ethereum. This is coming off the back of previously rejected Bitcoin ETF proposals in the US market. This will mean that it is the globe’s first ETF-like security trading on a major exchange. This ETP will let retailers and institutional investors get exposed to the cryptocurrency market. What is …