Bitcoin ETF Hopeful WisdomTree Lists Ethereum ETP in Germany, Switzerland
The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.
Apr 29, 2021 at 9:42 a.m. UTCUpdated Aug 19, 2021 at 9:03 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/765CDNUMZBCRFGGXBWQAMKUQ54.jpg)
Asset manager WisdomTree has listed its ethereum (ETH) exchange-traded product (ETP) on Deutsche Boerse’s Xetra market in Frankfurt and the Swiss Stock Exchange (SIX) in Zurich.
- The physically backed ETP, trading under the ticker “ETHW,” will track the spot price of ethereum and has an expense ratio of 0.95%, WisdomTree said in an emailed announcement Thursday.
- As with the bitcoin ETP, ETHW will provide investors with exposure to ethereum without holding the crypto directly or having to store their own private keys.
- This comes as WisdomTree’s application to list a bitcoin exchange-traded fund (ETF) in the U.S. is being reviewed by the Securities and Exchange Commission (SEC).
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
See also: CoinShares Launches Litecoin ETP
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)