Bitwise Asset Management is set to launch a new Aptos Staking Exchange-Traded Product (ETP) in Europe. The new product, with the APTB ticker, will go live on the Switzerland-based SIX Swiss Exchange on November 19, 2024.
Users can use the product to evaluate Aptos staking opportunities accurately and assess performance against industry standards.
About the Bitwise Aptos Staking ETP
According to a press release, APTB is the first Aptos Staking ETP to launch globally, marking a huge achievement for Bitwise. The new Bitwise product is designed for retail and institutional investors through regulated markets. APTB leverages a staking infrastructure and a best-in-class custodian, auditor, and administrator.
The product is backed physically and will stake Aptos to generate returns of about 4.7% net fees. According to the fee structure, Bitwise will accumulate returns directly within the ETP. However, the net is subject to change per market rate for APT staking rewards and wil
We współpracy z: https://www.thecoinrepublic.com/2024/11/13/bitwise-takes-aptos-staking-etp-to-europe-howll-apt-react/
