WisdomTree’s new product offers exposure to the largest digital assets
Updated Feb 18, 2025, 1:07 p.m. UTCPublished Feb 19, 2025, 9:00 a.m. UTC
HONG KONG – Investors in Europe can now get direct exposure to the CoinDesk 20, an index representing the largest crypto assets, thanks to a new exchange-traded product (ETP) from WisdomTree launched at Consensus Hong Kong.
“The launch of the first CoinDesk 20 ETP with WisdomTree is a defining moment for digital asset investing in Europe,” Alan Campbell, President of CoinDesk Indices, said in a release. “The CoinDesk 20 provides institutional investors with a streamlined way to access the largest digital assets beyond Bitcoin.”
WisdomTree’s Physical CoinDesk 20 ETP (WCRP) offers exposure to the digital assets listed on the CoinDesk 20, in a similar way to other ETPs that offer exposure to traditional finance’s S&P 500 or the NASDAQ.
WCRP is listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam.
Additionally, WCRP generates a staking yield, allowing investors to benefit from rewards earned by helping secure the underlying blockchain networks.
The CoinDesk 20 Index, launched in January 2024, has quickly become a key benchmark for digital asset investors, with over $14 billion in trading volume in its first year.
Sam Reynolds
Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX’s collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.
