Bitwise has unveiled the first exchange-traded product (ETP) featuring staked APT, the native token of the Aptos network. The Bitwise Aptos Staking ETP (APTB) is set to debut on the SIX Swiss Exchange on November 19, offering both institutional and retail investors in Europe a chance to invest. This ETP is physically backed and aims to generate returns of about 4.7% after fees by staking the underlying Aptos. Aptos, a high-performance blockchain launched in 2022, supports over 250 projects and is utilized by major companies like Microsoft and Amazon.
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APT
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-9.63%
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