In its April 14 press release, WisdomTree has announced the listing of its physically-backed Bitcoin exchange-traded product (ETP) on German stock exchange Xetra.
It allows German investors to safely gain exposure to the largest cryptocurrency without directly holding it or even interacting with the blockchain.
The New York-based asset manager has been given the green light to distribute this product across the EU.
WisdomTree CEO Jonathan Steinberg claims that his company's Bitcoin ETP is "the most investor-friendly":
We believe WisdomTree Bitcoin is the most investor-friendly Bitcoin ETP in the market, and we are thrilled to bring this ETP to more investors through its listing on Xetra.
The Bitcoin ETP was originally listed on Switzerland's SIX stock exchange in December 2019 under the BTCW exchange.
Crypto asset manager CoinShares and Germany-based crypto investment firm ETC Group also launched their respective Bitcoin ETPs this January, highlighting the groundswell of interest in Europe.
RelatedXRP ETP to Be Listed on Europe's Third-Biggest Stock ExchangeThe ETF race
WisdomTree is also vying to launch an exchange-traded fund in the U.S. As reported by U.Today, the company filed with the SEC to launch an ETF back in March.
As the ETF race is heating up, there are already nine active applications, with Galaxy Digital being the most recent candidate.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
