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VisitETPs trading volume exceeds expectations in first week?
Exceeds expectations • 50%
Does not meet expectations • 50%
London Stock Exchange trading volume reports
WisdomTree, 21Shares Gain FCA Approval to List Bitcoin, Ether ETPs on LSE from May 28, 2024
May 22, 2024, 11:17 AM
WisdomTree has received approval from the UK Financial Conduct Authority (FCA) to list physically-backed Bitcoin and Ether exchange-traded products (ETPs) on the London Stock Exchange (LSE). These ETPs are set to go live on May 28, 2024. The approval marks a significant step for institutional adoption of cryptocurrency in traditional finance markets. WisdomTree's Bitcoin and Ether ETPs, named WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), will be available to professional investors only. Additionally, 21Shares will also list crypto products on the LSE as part of a multi-product UK launch.
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Below £50 million • 33%
£50 million to £100 million • 33%
Above £100 million • 33%
BlackRock • 25%
Fidelity • 25%
Grayscale • 25%
Other • 25%
Significantly increased volume • 25%
Moderately increased volume • 25%
No significant change • 25%
Decreased volume • 25%
Above $2000 • 33%
Between $1500 and $2000 • 33%
Below $1500 • 34%
Bitcoin ETP outperforms • 33%
Ethereum ETP outperforms • 33%
Both perform equally • 34%
Outperforms the market • 50%
Underperforms the market • 50%
Underperforms the market • 50%
Outperforms the market • 50%
Significantly underperforms compared to traditional financial products • 25%
Outperforms traditional financial products • 25%
Performs on par with traditional financial products • 25%
Underperforms compared to traditional financial products • 25%
WisdomTree Physical Bitcoin (BTCW) • 33%
WisdomTree Physical Ethereum (ETHW) • 33%
21Shares crypto products • 34%