Asset Manager Wisdom Tree Launches Ethereum Exchange-traded Product

New York-based Wisdom Tree Investments announced the launch of a physically-backed ether ETP.

The asset manager and exchange-traded fund and exchange-traded product sponsor launch the new Ether ETP in Börse Xetra and SIX, the Swiss Stock Exchange.

This is the second exchange-traded product offered by the company in its aim to further expand digital assets investments products.

The asset manager with almost $73 Billion assets under management offers lowest priced physically-backed ether and bitcoin ETPs in Europe, both with a total expense ratio of 0.95% and passported across the European Union.

With this new ethereum exchange-traded product, investors can have access to the second largest cryptocurrency without the need to hold and removes the trouble of holding private keys or blockchain interaction.

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