Bitwise is now launching the Aptos ETF

Btiwise, one of the world's largest asset management companies, will launch the Aptos ETF in Switzerland. The ETF will also support staking. The fund will be listed on SIX, Switzerland's major stock exchange.

While the rise of Bitcoin has turned the world's eyes back to cryptocurrencies, US-based major asset management company Bitwise announced that it will launch a new crypto ETF. The company will launch an Aptos ETF that also supports staking services starting on November 19.

The funds, which will be available for trading on Switzerland's SIX exchange, will be the world's first Aptos ETF. This ETF (or ETP), which will be available for trading with the abbreviation APTB, will be offered to both institutional and individual investors. The purchased ETFs will be supported by real APT tokens. Staking services will also provide a return of 4.7%.

Aptos, a first-layer blockchain network launched in 2022, has recently begun to appeal to a serious user base. The network is known to have approximately 8 million monthly active users.

Among the world giants investing in Aptos are 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, including Solana and XRP.