This content is intended for Financial Professionals only. WisdomTree Investments, a NASDAQ-listed traditional asset investment manager aims to change that with a newly launched physically-backed bitcoin exchange-traded product (ETP). The WisdomTree Bitcoin ETP provides investors with a simple, secure and cost-efficient way to gain exposure to The WisdomTree Bitcoin ETP (BTCW) listed on SIX, the Swiss Stock Exchange, today with a total expense ratio of 0.95%. Restricted Content.
The WisdomTree Bitcoin ETP provides investors with a simple, secure and cost-efficient way to gain exposure to Bitcoin while utilising the best of … WisdomTree Bitcoin is a physically backed Exchange Traded Product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin. The firm said the reason for listing in Switzerland is the regulatory requirements for cryptocurrencies are more favourable than other exchanges in Europe.
WisdomTree Bitcoin is a physically backed Exchange Traded Product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin. The WisdomTree Bitcoin ETP (BTCW) is listed on the SIX Swiss Exchange with a total expense ratio (TER) of 0.95%, the cheapest crypto ETP on the market. The ETP provides for easy investor acces s, tradability, transparency and institutional custody solutions within a robust physically backed structure. WisdomTree Bitcoin is a physically backed Exchange Traded Product (ETP) incorporated in Jersey. Launched by New York-based WisdomTree – one of largest ETF providers in the U.S. – on Tuesday, the new product will compete with a similar physically backed bitcoin ETP from Amun AG on SIX. “Much like how the ETP structure has outshone the mutual fund structure in significant ways, blockchain and cryptocurrencies have the potential to change how investors participate in financial markets, globally.”With the product there is no need to hold the cryptocurrency directly, with the firm saying it employs “institutional grade storage solutions” for the bitcoin underlying the product. We want to bring these two worlds closer together. ""There is a lack of connectivity between the traditional investment universe and cryptocurrencies. WisdomTree Bitcoin is a physically backed Exchange Traded Product (ETP) designed to offer shareholders a simple, secure and cost-efficient way to gain exposure to the price of Bitcoin.