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SOLW, ADAW and DOTW from WisdomTree are available on the Xetra stock Exchange, the Swiss SIX and the Swiss Stock Exchange.
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They will also be listed on the Euronext exchanges in Paris and Amsterdam, the company said in a statement.
WisdomTree has announced the listing of three new physically backed exchange-traded crypto products (ETPs).
The new crypto-backed products are WisdomTree Solana (SOLW), WisdomTree Polkadot (DOTW) and WisdomTree Cardano (ADAW). According to the provider, the three ETPs offer the lowest fees with a total expense ratio (TER) of 0.95%.
SOLW, ADAW and DOTW complement WisdomTree’s other five ETPs, including the major cryptocurrencies Bitcoin and Ethereum.
The others are WisdomTree Crypto Market (BLOC), WisdomTree Crypto Altcoins (WALT) and WisdomTree Crypto Mega Cap Equal Weight ETPs (MEGA).
Products that “arrive” at investors.
The company, which is one of the largest providers of exchange-traded funds (ETFs) and ETPs, said in a statement that the three products are available on the German stock Exchange Xetra and the Swiss Stock Exchange SIX in Switzerland, as well as on the Swiss Stock Exchange.
The ETPs will also be listed on the Euronext exchanges in Paris and Amsterdam from Thursday, with passporting enabling their availability throughout the European Union.
Investing in the ETPs provides easy and secure exposure to the prices of Solana, Polkadot and Cardano. The same exposure is accessible through WisdomTree’s various products, including a diversified crypto ETP portfolio and WisdomTree Crypto Altcoins (WALT) offering.
Jason Guthrie, Head of Digital Assets in Europe, said the launch of the ETPs was part of the company’s strategy to offer products that “resonate with institutional investors”.
„These must be crypto assets that are liquid enough for institutional use, supported by ETP market participants and have clear use cases“, he stated in a Explanation fixed.
He added that the investment provider wanted to expand its offering even further, alluding to the efforts to have its exchange-traded Bitcoin fund (ETF) listed in the United States.
Earlier this week, ETC Group announced exchange-traded cryptocurrencies (ETCs) for Avalanche, Cosmos and Polygon. The ETCs are listed on the Swiss Stock exchange SIX and the stock exchange Xetra.
Fidelity Investments has also been active in the European market with its physical Bitcoin ETP, which was launched just last month.