Bitwise is now launching the Aptos ETF
Btiwise, one of the world's largest asset management companies, will launch Aptos ETF in Switzerland. The ETF will also support staking. The fund will be listed on SIX, Switzerland's largest stock exchange.
While the rise of Bitcoin is turning the eyes back to cryptocurrencies around the world, the major US-based asset management company Bitwise has announced that it will launch a new crypto ETF. As of November 19, the company will issue an Aptos ETF, which also supports staking services.
The funds to be traded on Switzerland's SIX stock exchange will be the world's first Aptos ETF. This ETF (or ETP), which will be processed with the acronym APTB, will be offered to both institutional and individual investors. Received ETFs will support real APT tokens. Staking services will also provide a return of 4.7%.
Aptos, the first layer blockchain network launched in 2022, has recently started to appeal to a serious audience of users. It is known that the network has approximately 8 million monthly active users.
World giants investing in Aptos include Andreessen Horowitz, Apollo Global Management, PayPal Ventures and Franklin Templeton.
In addition to ETFs such as Bitcoin and Ether in the US, Bitwise also has many index ETPs in Europe, along with Solana and XRP.