Bitcoin
$61,529.65-3.67%
Ethereum
$2,999.67-2.63%
Binance Coin
$538.98-0.06%
Solana
$132.92-1.98%
XRP
$0.49285357-0.34%
Dogecoin
$0.14743638-5.68%
Toncoin
$6.08-6.17%
Cardano
$0.44752100-1.64%
Shiba Inu
$0.00002216-2.74%
Avalanche
$33.74-1.99%
Tron
$0.10983732-2.55%
Wrapped Bitcoin
$60,225.90-5.85%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Consensus 2024Price Increase Extension Ends In
02
DAYS
17
HR
25
MIN
39
SEC
Markets

Bitcoin ETF Hopeful WisdomTree Lists Ethereum ETP in Germany, Switzerland

The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.

By Jamie Crawley
AccessTimeIconApr 29, 2021 at 9:42 a.m. UTC
Updated Sep 14, 2021 at 12:48 p.m. UTC
Frankfurt stock exchange

10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Asset manager WisdomTree has listed its ethereum (ETH) exchange-traded product (ETP) on Deutsche Boerse’s Xetra market in Frankfurt and the Swiss Stock Exchange (SIX) in Zurich.

  • The physically backed ETP, trading under the ticker “ETHW,” will track the spot price of ethereum and has an expense ratio of 0.95%, WisdomTree said in an emailed announcement Thursday.
  • 21Shares and ETC Group both listed ethereum-backed ETP in Germany in March, while such products have been listed on the Swiss exchange for some years.
  • This listing follows shortly after WisdomTree’s bitcoin (BTC) ETP listed in Frankfurt on April 14.
  • As with the bitcoin ETP, ETHW will provide investors with exposure to ethereum without holding the crypto directly or having to store their own private keys.
  • This comes as WisdomTree’s application to list a bitcoin exchange-traded fund (ETF) in the U.S. is being reviewed by the Securities and Exchange Commission (SEC).

See also: CoinShares Launches Litecoin ETP

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.

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.