According to Odaily, WisdomTree has announced the launch of its Bitcoin (BTCW) and Ethereum (ETHW) ETP products on the London Stock Exchange (LSE). These ETPs have a management expense ratio (MER) of 0.35% and are fully backed by underlying assets.

WisdomTree is among the first issuers to receive approval and launch cryptocurrency ETPs on the LSE. Currently, the cryptocurrency ETPs listed on the LSE are only open to professional investors.