Eurex, a derivatives exchange owned by German stock market operator Deutsche Boerse, has debuted cryptocurrency derivatives trading with ETC Group's Bitcoin (BTC) exchange-traded annotation (ETN) futures product.

Eurex officially announced Monday the launch of the Bitcoin ETN Futures contract adult past London-based crypto derivatives issuer ETC Grouping.

"As the first pace in our portfolio of crypto derivatives, the offering is the first regulated market in Bitcoin-related derivatives in Europe," Eurex said.

The euro-denominated Bitcoin ETN Futures contract is based on ETC Group's flagship production, centrally cleared Bitcoin substitution-traded product (ETP), known as BTCetc Concrete Bitcoin (BTCE). The futures contract allows investors to rail the price evolution of Bitcoin in a regulated environment and will be physically delivered in BTCE, which is 100% backed by Bitcoin and can be instantly converted by any investor into the underlying BTC.

ETC Group CEO Bradley Duke noted that the latest listing marks another major milestone in providing institutions with financial products that enable exposure to crypto on regulated exchanges. "The option of BTCE by Eurex, Europe's largest derivatives exchange, farther establishes ETC Group's leadership in the crypto ETPs and is recognition of the quality of our products and their world-beating liquidity," he noted.

Related: Swiss Exchange SIX granted approval to launch crypto marketplace

The Bitcoin ETN Futures' listing on Eurex comes more than a year later ETC Group listed its BTCE ETP product on Xetra, a major digital stock commutation operated by Deutsche Boerse. The ETP is now listed on multiple European exchanges, including the 6 Swiss Exchange. In July, ETC Grouping appear that BTCE was going carbon neutral by offsetting the carbon footprint through hand-selected carbon credits to compensate for carbon emissions associated with BTCE Bitcoin mining.