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Cryptoknowmics 2022-03-29 11:51:15

WisdomTree Launches Solana, Cardano, Polkadot ETPs in Europe

US-based exchange-traded fund (ETF) provider WisdomTree has announced the launch of three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA), and Polkadot (DOT) in the European market. WisdomTree Expands Crypto ETPs According to an announcement posted today, WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW) have already been listed on major European exchanges like Deutsche Boerse’s Xetra, the Swiss SIX exchange, and the Swiss Stock Exchange. Euronext exchanges in Paris and Amsterdam will add them at the end of the month. All the three crypto ETPs have a total expense ratio of 0.95% and are available for sale in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, and Switzerland. Commenting on the development, Jason Guthrie, Head of Digital Assets, Europe, WisdomTree said: “As the crypto asset market evolves, so to will the ETP ecosystem which is needed for more institutional adoption. We will continue to enhance and expand our product range, supporting investors on their journey into crypto assets.” The new ETPs join products like WisdomTree Crypto Mega Cap Equal Weight ETP, which is backed by physical assets including Bitcoin (BTC) and Ether (ETH), as well as WisdomTree Crypto Market (BLOC) and WisdomTree Crypto Altcoins (WALT).The post WisdomTree Launches Solana, Cardano, Polkadot ETPs in Eu...

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