WisdomTree Lists 3 Crypto Basket ETPs in Europe

The funds are passported for sale across 12 European Union countries plus Norway and Switzerland.

AccessTimeIconNov 29, 2021 at 10:37 a.m. UTC
Updated May 11, 2023 at 4:04 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Asset manager WisdomTree has listed a trio of crypto basket exchange-traded products (ETPs) on Swiss stock exchange SIX and Frankfurt-based Börse Xetra.

  • The ETPs, which track proprietary indices developed by WisdomTree, are the WisdomTree Crypto Market (BLOC), WisdomTree Crypto Altcoins (WALT) and WisdomTree Crypto Mega Cap Equal Weight (MEGA).
  • BLOC offers exposure to the most established crypto assets, which represent around 70% of the cryptocurrency market cap, such as bitcoin, ether, bitcoin cash and litecoin. To avoid overexposure to bitcoin and ether, however, the combined allocation to the two is capped at 75%.
  • WALT is focused on altcoins such as cardano, bitcoin cash, litecoin, polkadot and solana. It excludes bitcoin and ether.
  • MEGA, conversely, focuses solely on bitcoin and ether as the market’s two “mega-cap” assets.
  • The funds are passported for sale across 12 European Union countries plus Norway and Switzerland.
  • Legal Expert on Pitfalls of FTX's Bankruptcy Plan
    13:45
    Legal Expert on Pitfalls of FTX's Bankruptcy Plan
  • Dogecoin Appears on Track for a 'Golden Cross'
    01:01
    Dogecoin Appears on Track for a 'Golden Cross'
  • TON, RNDR Surge; Kraken Asks Court to Dismiss SEC Claims
    02:07
    TON, RNDR Surge; Kraken Asks Court to Dismiss SEC Claims
  • Are Art NFTs Here to Stay?
    15:56
    Are Art NFTs Here to Stay?
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.