Switzerland's principal stock exchange SIX Swiss Exchange will list the world’s first multi-crypto-based exchange-traded product (ETP) next week.

SIX Swiss Exchange is the fourth largest stock exchange in Europe with a market capitalization of $1.6 trillion.

The first global multi-crypto ETP will be listed under index HODL, and will track five major cryptocurrencies:

Bitcoin (BTC): 49.7%

Ripple (XRP): 25.4%

Ethereum (ETH): 16.7%

Bitcoin Cash (BCH): 5.2%

Litecoin (LTC): 3%

In Sweden, XBT Providers already have a Bitcoin ETP called Coinshares, which has attracted around $1 billion since 2015 when it was listed on major Swedish exchange Nasdaq Stockholm.