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Approval Of Listing $BTC & $ETH $ETPs Received by Wisdom Tree, that's managing $111B $BTC

According to coin desk, Wisdom Tree has secured approval of Bitcoin to launch Bitcoin (BTC) and etherium (ETH) investment products on London stocks market.

The world renowed assets manager Wisdom Tree (WT) has made it open that UK financial Authority ( FCA) has given them approval to list Bitcoin and Etherium ETPs on London stock Exchange ( LSE).

From the report , it indicated that the Wisdom Tree physical Bitcoin (BTCW) and Physical Etherium (ETHW) ETPs will kick off on May 28 2024 and that will be available to only proffectional investors.

It was equally noted that Wisdom Tree has $111B Bitcoin assets under management with a spot BTC ETF ( Wisdom Tree Bitcoin Fund- BTCW) that has an approval in Us too.

This is equally , a big push in the crypto industry in general .