According to an official announcement, WisdomTree Funds has listed physically-backed Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange. These ETPs have a management expense ratio (MER) of 0.35%, representing the annual fund management cost.
Fully backed by underlying assets, these ETPs are set to increase investments in Bitcoin and Ethereum by providing a secure and accessible way for investors to gain exposure to these cryptocurrencies. Currently, Bitcoin trades at $68,075 (-0.65%), and Ethereum at $3,874 (-0.86%) over the past 24 hours