PRESS ROOM
WisdomTree’s European Crypto ETP Range Surpasses $500 Million in Assets
Thursday 29th February '24
Net flows in WisdomTree Physical Bitcoin leads European crypto ETPs in 20242
WisdomTree, a global financial innovator, has today announced that its European physically backed crypto ETP range has surpassed $500m in assets under management (AuM).
The AuM figure represents an all-time high for WisdomTree’s European crypto ETPs, which has seen net inflows in 2024 of $59m into its range, led by WisdomTree Physical Bitcoin (BTCW)3.
WisdomTree was the first established ETP issuer to provide European investors with institutional-grade physically backed crypto exposure, following the launch of WisdomTree Physical Bitcoin in December 2019. It now has a thoughtfully curated range of eight physically backed crypto ETPs listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam, providing European investors with convenient access to crypto in a familiar ETP wrapper.
In January, WisdomTree reduced fees on the WisdomTree Physical Bitcoin ETP alongside the seven other ETPs in its European crypto range, making it amongst the lowest priced crypto ETP ranges in Europe. With a management expense ratio of 0.35%, BTCW has the lowest fee level for institutional-grade physical bitcoin ETPs in Europe that are 100% backed by Bitcoin.
Alexis Marinof, Head Europe, WisdomTree, said: “Thelaunch of spot bitcoin exchange-traded funds in the US has changed the way many investors look at cryptocurrencies as an investable asset class. As attention turns to the bitcoin halving expected in April, investors are seeing more potential within the asset class. Bitcoin has been the best performing asset in 9 of the last twelve years4, and the halving could potentially extend that run.”
Physically backed crypto ETPs from WisdomTree provide investors with a simple, secure and low-cost way to gain exposure to a range of cryptocurrencies including Bitcoin, Ether, Solana, Cardano, Polkadot and three diversified crypto baskets.
Marinof added: “Since launching our first crypto ETP in December 2019, we’ve delivered institutional grade crypto ETPs to European investors with low fees. While doing this, we have also put an emphasis on risk management and security, working with industry leading crypto custodians to safeguard assets and drawing on our expertise in physically backed ETPs.”
WisdomTree’s European crypto ETPs are passported for sale in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Poland, Netherlands, Norway, Spain, Sweden, and Switzerland.
Product information – single crypto ETPs
ETP name | MER | Exchange | Trading Ccy | Exchange code | ISIN |
WisdomTree Physical Bitcoin | 0.35% | Börse Xetra | EUR | WBIT | GB00BJYDH287 |
0.35% | SIX | USD, CHF, EUR | BTCW | GB00BJYDH287 | |
0.35% | Euronext Amsterdam | USD | BTCW | GB00BJYDH287 | |
0.35% | Euronext Paris | EUR | WBTC | GB00BJYDH287 | |
WisdomTree Physical Ethereum | 0.35% | Börse Xetra | EUR | WETH | GB00BJYDH394 |
0.35% | SIX | USD, CHF, EUR | ETHW | GB00BJYDH394 | |
0.35% | Euronext Amsterdam | USD | ETHW | GB00BJYDH394 | |
0.35% | Euronext Paris | EUR | WETH | GB00BJYDH394 | |
WisdomTree Physical Solana | 0.50% | Börse Xetra | EUR | DSOL | GB00BNGJ9G01 |
0.50% | SIX | CHF, USD | SOLW | GB00BNGJ9G01 | |
0.50% | Euronext Amsterdam | EUR | WSOL | GB00BNGJ9G01 | |
0.50% | Euronext Paris | USD | SOLW | GB00BNGJ9G01 | |
WisdomTree Physical Cardano | 0.50% | Börse Xetra | EUR | WADA | GB00BNGJ9J32 |
0.50% | SIX | CHF, USD | ADAW | GB00BNGJ9J32 | |
0.50% | Euronext Amsterdam | EUR | WADA | GB00BNGJ9J32 | |
0.50% | Euronext Paris | USD | ADAW | GB00BNGJ9J32 | |
WisdomTree Physical Polkadot | 0.50% | Börse Xetra | EUR | XDOT | GB00BNGJ9H18 |
0.50% | SIX | CHF, USD | DOTW | GB00BNGJ9H18 | |
0.50% | Euronext Amsterdam | EUR | WDOT | GB00BNGJ9H18 | |
0.50% | Euronext Paris | USD | DOTW | GB00BNGJ9H18 |
Product information – crypto basket exposures
ETP name | MER | Exchange | Trading Ccy | Exchange code | ISIN |
WisdomTree Physical Crypto Mega Cap Equal Weight |
0.40% | Börse Xetra | EUR | WMEG | GB00BMTP1733 |
0.40% | SIX | USD, CHF, EUR | MEGA | GB00BMTP1733 | |
0.40% | Euronext Amsterdam | EUR | MEGA | GB00BMTP1733 | |
0.40% | Euronext Paris | USD | MEGA | GB00BMTP1733 | |
WisdomTree Physical Crypto Market |
0.70% | Börse Xetra | EUR | WBLC | GB00BMTP1626 |
0.70% | SIX | USD, CHF, EUR | BLOC | GB00BMTP1626 | |
0.70% | Euronext Amsterdam | EUR | BLOC | GB00BMTP1626 | |
0.70% | Euronext Paris | USD | BLOC | GB00BMTP1626 | |
WisdomTree Physical Crypto Altcoins |
0.70% | Börse Xetra | EUR | ALTC | GB00BMTP1519 |
0.70% | SIX | USD, CHF, EUR | WALT | GB00BMTP1519 | |
0.70% | Euronext Amsterdam | EUR | ALTC | GB00BMTP1519 | |
0.70% | Euronext Paris | USD | ALTC | GB00BMTP1519 |
1 ETP refers to exchange-traded product
2 Bloomberg, WisdomTree.
3 As of 25 February 2024
4 Bloomberg, WisdomTree. December 2012 to December 2023. Bitcoin: Referenced as the change in the XBT/USD exchange rate within Bloomberg. Other asset classes considered are US equities large and small caps, emerging market equities, Treasury bonds, corporate bonds, Commodities and Gold. Historical performance is not an indication of future performance and any investments may go down in value