WisdomTree, an exchange traded fund ("ETF") and exchange traded
product ("ETP") sponsor, has announced its physically-backed
bitcoin and ether ETPs have listed on Euronext exchanges in Paris
and Amsterdam. WisdomTree Bitcoin (BTCW) and WisdomTree Ethereum
(ETHW) each have a total expense ratio of 0.95% and are already
listed on Germany’s Börse Xetra and SIX, the Swiss Stock Exchange.
The listings of BTCW and ETHW on the Euronext
exchanges follow a series of new developments across WisdomTree’s
digital assets platform. In April, ETHW launched on Börse Xetra and
SIX. Also in April, BTCW listed on Börse Xetra. WisdomTree offers
Europe’s lowest priced physically-backed bitcoin and ether
ETPs.
Jason Guthrie, Head of Digital Assets,
Europe, WisdomTree, said: “Listing on Euronext opens up
more access points for investors to conveniently allocate to, and
trade, both BTCW and ETHW. Since we launched our digital assets
platform in 2019, we have seen a lot of development in the space.
This milestone represents the growing acceptance of
cryptocurrencies, the evolving European regulatory landscape and
the latest signal that digital assets are here to stay. A
willingness from regulators and exchanges to list cryptocurrency
ETPs is lending further credibility to this growing and popular
asset class. This development will buoy institutional investors,
trading via Euronext, that have been waiting for further signs of
acceptance before making their first allocations to digital
assets.”
BTCW and ETHW provide investors with a simple,
secure and cost-efficient way to gain exposure to the most liquid
and popular cryptocurrencies, bitcoin and ether. The ETPs allow
investors to access bitcoin and ether without the need to hold the
cryptocurrencies directly, store private access keys or interact
with the blockchain or digital currency infrastructure in any way.
Investors also receive access to institutional-grade storage
solutions without needing to set it up with a custodian
themselves.
To ensure the highest level of security,
WisdomTree leverages regulated, institutional-grade digital
currency custodians, Coinbase and Swissquote, who maintain highly
secure cold storage facilities.
Alexis Marinof, Head of Europe,
WisdomTree, added: “Our commitment to support investors on
their journey into digital assets is reinforced with the listings
of BTCW and ETHW on Euronext. We have built a best-in-class digital
assets platform, made up of the most investor-friendly bitcoin and
ether ETPs. Our heritage provides a level of comfort and expertise
investors are unable to get from other physically-backed
cryptocurrency ETP providers. This translates into a market leading
product from price point through to unrivalled product
structure.”
WisdomTree’s digital assets product range1 has
over $235m2 in assets under management.
Jonathan Steinberg, CEO, WisdomTree,
concluded: “We know digital assets and blockchain are top
of mind for our clients and we want to help them understand and
navigate the space. Accessibility has been a challenge for many
investors but as another important exchange facilitates access,
opportunities are continuing to open up for investors and barriers
to adoption are decreasing.”
WisdomTree’s digital assets ETPs (BTCW and ETHW) are passported
in Austria, Belgium, Denmark, Finland, France, Germany, Italy,
Ireland, Luxembourg, Netherlands, Norway, Spain and Sweden.
Product information
Listing Name |
TER |
Exchange |
Trading Ccy |
Exchange Code |
ISIN |
WisdomTree Bitcoin |
0.95% |
|
Euronext Amsterdam |
USD |
BTCW |
GB00BJYDH287 |
WisdomTree Bitcoin |
0.95% |
|
Euronext Paris |
EUR |
WBTC |
GB00BJYDH287 |
WisdomTree Ethereum |
0.95% |
|
Euronext Amsterdam |
USD |
ETHW |
GB00BJYDH394 |
WisdomTree Ethereum |
0.95% |
|
Euronext Paris |
EUR |
WETH |
GB00BJYDH394 |
Find out more:
https://www.wisdomtree.eu/en-gb/strategies/crypto-currency
For further information, please contact:Jessica
Zaloom, Head of Corporate Communications and Public Relations, +1
917 267 3735 / JZaloom@wisdomtree.comArran Fano, PR and
Communications, +44 20 7448 4336 / AFano@WisdomTree.com
About WisdomTree
WisdomTree Investments, Inc., through its
subsidiaries in the U.S. and Europe (collectively, “WisdomTree”),
is an exchange-traded fund (“ETF”) and exchange-traded product
(“ETP”) sponsor and asset manager headquartered in New York.
WisdomTree offers products covering equity, commodity, fixed
income, leveraged and inverse, currency, cryptocurrency and
alternative strategies. WisdomTree currently has approximately
$74.9 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
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the Deutsche Börse Xetra in Germany. Cryptocurrencies are a
high-risk investment and may not be suitable for all types of
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1 Consisting of WisdomTree Bitcoin and WisdomTree Ethereum2 As
at 27 May 2021
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