The post WisdomTree launches physically-backed Stellar Lumens (XLM) ETP across Europe appeared on BitcoinEthereumNews.com.

WisdomTree launches low-cost, physically backed Stellar Lumens ETP. The ETP under the ticker XLMW is listed on SIX, Euronext, and will soon list on Germany’s Xetra exchange. The ETP’s custody is held at Swissquote and Coinbase, with no staking or lending. Global asset manager WisdomTree has launched a new physically backed exchange-traded product (ETP) tied to Stellar Lumens (XLM), marking a significant step in the company’s expansion beyond Bitcoin and Ethereum investment products. The move strengthens WisdomTree’s position as one of Europe’s leading providers of institutional-grade crypto investment vehicles and signals growing institutional interest in blockchain networks beyond the market’s largest digital assets. The ETP expands institutional access to Stellar (XLM) The new product, officially named WisdomTree Physical Stellar Lumens ETP (ticker: XLMW), offers investors regulated, transparent, and cost-efficient access to Stellar Lumens. The ETP carries an annual management fee of 0.50%, which WisdomTree says is the lowest among physically backed Lumens products available in Europe. It is listed on multiple major exchanges, including the Swiss SIX Exchange, Euronext Paris, and Euronext Amsterdam, and will debut on Germany’s Xetra on October 15. Each share of the ETP is backed by physical Lumens held in cold storage, with custody managed by Swissquote Bank Ltd and Coinbase Custody Trust. The product’s structure mirrors that of traditional commodity ETPs, providing price exposure to XLM without involving staking or coin lending. This means investors gain from price movements of Lumens, minus the 0.50% management fee, but are not exposed to the additional risks associated with validator operations or yield-based products. Risks and market considerations While the XLMW launch broadens institutional access to the Stellar ecosystem, WisdomTree has been transparent about potential risks. WisdomTree has highlighted factors such as Stellar’s inherent volatility, technical disruptions, exchange liquidity, and custodian risks. Though the absence of staking reduces…

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Filed under: News - @ October 14, 2025 6:28 pm