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Jafrin Ahmed
Mar 29, 2022

WisdomTree Launches Solana, Cardano, Polkadot ETPs in Europe

WisdomTree crypto ETP
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).

WisdomTree Launches Solana, Cardano, Polkadot ETPs in Europe
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

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