A World First: Bitwise Will Launch Its First ETP For This Altcoin!

According to breaking news, Bitwise will launch the world’s first Aptos Staking ETP (APTB) on the SIX Swiss Exchange.

This ETP will be the first of its kind and the first Aptos Staking ETP in the world.

Bitwise designed APTB to be accessible to both institutional and retail investors through regulated markets using a best-in-class custodian, auditor, administrator, and staking infrastructure.

APTB will be physically backed and will stake the underlying Aptos to generate a yield of approximately 4.7% after deducting fees, which will be accumulated directly within the ETP.

“Bitwise Aptos Staking ETP is the world’s first Aptos ETP and demonstrates Bitwise’s continued leadership in providing access to new opportunities in the emerging crypto asset class.”

“For seven years, Bitwise has been a dedicated partner for investors working to understand and access opportunities in the emerging crypto asset class,” said Hunter Horsley, Bitwise CEO and Co-Founder. “With the launch of Bitcoin and Ethereum spot ETPs in the U.S., a large segment of investors have begun exploring and adding digital assets to their portfolios this year. We are thrilled to now be able to launch the Bitwise Aptos Staking ETP to expand access to one of the most exciting next-generation blockchains in the space.”

“As a leading industry asset manager, Bitwise is positioned to expand financial inclusion globally,” said Mo Shaikh, CEO and co-founder of Aptos Labs. “The Aptos staking ETP marks a significant leap forward for the future of institutional adoption and validates the reliability, scalability, and speed of the Aptos blockchain. I look forward to seeing what new potential it will unlock in the near future.”

*This is not investment advice.