Investment Giant WisdomTree Launches ETP Based on CoinDesk 20 at Consensus Hong Kong

HONG KONG – Investors in Europe can now get direct publicity to the CoinDesk 20, an index representing the biggest crypto belongings, because of a brand new exchange-traded product (ETP) from WisdomTree launched at Consensus Hong Kong.

“The launch of the primary CoinDesk 20 ETP with WisdomTree is a defining second for digital asset investing in Europe,” Alan Campbell, President of CoinDesk Indices, said in a release. “The CoinDesk 20 offers institutional buyers with a streamlined method to entry the biggest digital belongings past Bitcoin.”

WisdomTree’s Physical CoinDesk 20 ETP (WCRP) provides publicity to the digital belongings listed on the CoinDesk 20, in the same method to different ETPs that supply publicity to conventional finance’s S&P 500 or the NASDAQ.

WCRP is listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam.

Additionally, WCRP generates a staking yield, permitting buyers to learn from rewards earned by serving to safe the underlying blockchain networks.

The CoinDesk 20 Index, launched in January 2024, has shortly turn out to be a key benchmark for digital asset buyers, with over $14 billion in buying and selling quantity in its first yr.