WisdomTree Bitcoin and Ethereum ETPs Now Trading on London Stock Exchange

IconCryptoNewsTerminal Staff28 May, 2024

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WisdomTree Bitcoin and Ethereum ETPs Now Trading on London Stock Exchange

WisdomTree, an American asset management firm, has listed its Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange. The WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) ETPs began trading on the exchange on February 28, 2023. This move by WisdomTree provides investors with a regulated and convenient way to access the cryptocurrency market through a traditional investment platform. The ETPs are backed by physical Bitcoin and Ethereum, respectively, and offer exposure to the price movements of these digital assets. The listing of WisdomTree's Bitcoin and Ethereum ETPs on the London Stock Exchange is a significant development for the cryptocurrency industry. It further legitimizes digital assets and makes them more accessible to a wider range of investors.