WisdomTree lists Bitcoin ETP on Börse Xetra

NEW YORK, April 14, 2021 sponsor, has announced its physically-backed1 Bitcoin ETP has listed on Germany’s Börse Xetra.

Alexis Marinof, Head of Europe, WisdomTree, said: “Passporting WisdomTree Bitcoin in the EU was the ambition since we decided to launch a cryptocurrency ETP, and the evolving regulatory landscape has made this possible.

The ETP allows investors to access Bitcoin without the need to hold the cryptocurrency directly, store private access keys or interact with the blockchain or digital currency infrastructure in any way.

Coinbase Custody offers access to a secure, institutional-grade offline storage solution built around a proprietary, best-in-class key generation protocol which generates cold storage addresses for Custody wallets.

With Bitcoin passing $1tn in market cap many institutional investors have started to acknowledge cryptocurrencies are here to stay and are doing their due diligence as they consider making allocations to digital assets.

Bitcoin has become a hot investment topic, growing in popularity amongst professional investors in 2020 and 2021.

Jonathan Steinberg, CEO, WisdomTree, concluded: “We believe WisdomTree Bitcoin is the most investor-friendly Bitcoin ETP in the market, and we are thrilled to bring this ETP to more investors through its listing on Xetra.

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