United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP).On Dec. 2, WisdomTree listed its Crypto Mega Cap Equal Weight ETP on Euronext exchanges in Paris and Amsterdam.Trading under the ticker symbol MEGA, the investment product is backed by physical crypto assets including Bitcoin (BTC) and Ether (ETH) with a quarterly rebalance. Launched in November 2021, MEGA was previously listed on Deutsche Boerse’s digital exchange Xetra and Swiss SIX exchange.Apart from MEGA, WisdomTree also launched two more crypto ETPs recently, including WisdomTree Crypto Market (BLOC) and WisdomTree Crypto Altcoin (WALT).BLOC provides exposure to a basket of crypto assets representing 70% of the crypto market cap, including coins like BTC, Ether, Cardano (ADA), Bitcoin Cash (BCH) and others. WALT provides exposure to major coins excluding BTC and ETH and was designed for investors who already have exposure to the mega-cap coins. Both ETPs debuted on Boerse Xetra and SIX in late November 2021.Related: Invesco launches spot Bitcoin ETP on Deutsche BorseU.S. asset managers are increasingly listing their crypto investment products in Europe amid regulatory hurdles in the United States. Despite the U.S. Securities and Exchange Commission (SEC) having approved a number of BTC futures-based exchange-traded funds (ETFs) since October, U.S. investors have still been waiting for a spot BTC ETF.The SEC delayed its decision on WisdomTree’s Bitcoin ETF with a request for public feedback in July 2021 after the firm filed for the investment product in March.Čítaj viac
- Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
- IMF urges El Salvador to remove Bitcoin's status as legal tender
- Aký je najhorší scenár pre cenový pokles na Bitcoine a S&P500?
- Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000
- YouTube head of gaming Ryan Wyatt to resign and join Polygon Studios as CEO
Altcoiny analýza Analýzy Avalanche Binance Bitcoin Bitcoin Price Bitcoin Regulation blockchain BTC BTC price BTCUSD business Cardano CBDC coinbase crypto Cryptocurrencies cryptocurrency exchange Decentralization DeFi Dogecoin ETH ethereum federal reserve Funding government investments Inštitúcie kryptomeny law Markets Metaverse mining NFT NFTs Novinky Polkadot regulation Solana Stablecoin Terra Titulky Trading united states