WisdomTree Lists Three Crypto Basket ETPs in Europe

Posted on by American Coins & Gold

WisdomTree Lists Three Crypto Basket ETPs in Europe
Asset manager WisdomTree has listed a trio of crypto basket exchange-traded products (ETPs) on Swiss stock exchange SIX and Frankfurt-based Börse Xetra.The ETPs, which track proprietary indices developed by WisdomTree, are the WisdomTree Crypto Market (BLOC), WisdomTree Crypto Altcoins (WALT) and WisdomTree Crypto Mega Cap Equal Weight (MEGA).BLOC offers exposure to the most established crypto assets, which represent around 70% of the cryptocurrency market cap, such as bitcoin, ether, bitcoin cash and litecoin. To avoid overexposure to bitcoin and ether, however, the combined allocation to the two is capped at 75%.WALT is focused on altcoins, such as cardano, bitcoin cash,…