Banco Best is reinforcing its commitment to investors' financial literacy regarding the crypto assets market, promoting ETCs (Exchange Traded Certificates) and ETNs (Exchange Traded Notes) as a simple, safe, and regulated way to invest in this asset class. According to the bank, challenges related to operational complexity, asset custody, and understanding the risks associated with direct cryptocurrency investment persist.
Through these instruments, traded on regulated European exchanges, investors can gain exposure to crypto assets without the need to open accounts on specialized platforms, create digital wallets, or manage private keys. Banco Best's offering includes ETNs and ETCs indexed to individual cryptocurrencies such as Bitcoin or Ethereum, as well as solutions that track a diversified set of crypto assets, adapted to each investor's objectives and risk profile.
Pedro Barros, Director of Banco Best, highlighted that financial literacy is particularly important when it comes to emerging and technologically complex assets, and it is the bank's objective to help investors understand the different forms of exposure available, their respective advantages and risks. The bank highlights as advantages the operational simplicity, security, custody in offline wallets managed by entities specialized in institutional custody, and the transparency provided by rigorous governance and compliance requirements.
Investors can also trade these instruments through the same platform and investment account used for stocks, ETFs, or bonds, benefiting from a familiar process and standardized information. Banco Best also provides educational content dedicated to crypto assets, with the aim of demystifying concepts and explaining the main risks associated with this asset class.
