Ethereum’s New Dance Partner: WisdomTree’s Staked ETP Stuns Europe! 🎭💰

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WisdomTree, that paragon of financial innovation, has unveiled the WisdomTree Physical Lido Staked Ether ETP (LIST), a European exchange-traded product that glides on the liquid staking token of Lido’s stETH. 🦋✨

The product debuted on Thursday, Dec. 4, as if summoned by a crypto oracle. 📅🔮

  • WisdomTree, ever the maestro of market melodies, launched the WisdomTree Physical Lido Staked Ether ETP (LIST). 🎼
  • The product made its grand entrance on Thursday, Dec. 4. 🗓️
  • It’s the first European exchange-traded product, backed entirely by Lido’s stETH-like a knight in digital armor. 🛡️

LIST now pirouettes on Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam, according to WisdomTree. The product offers investors a chance to savor Ethereum staking rewards through a regulated, exchange-traded instrument. 📈💃

The ETP cradles stETH, the liquid staking token issued by Lido, which represents staked Ethereum. The product is physically backed, meaning every unit of the ETP is a direct mirror of stETH-no buffers, no fluff. 🧼💎

LIST debuted with approximately $50 million in initial capital, and a 0.50% management fee, as if charging admission to a crypto gala. 🎭💸

Staked Ether (stETH) is the liquid token that represents Ethereum deposited via Lido, the largest staking provider on the Ethereum network. Lido enables users to stake ETH without traditional lock-up periods or withdrawal delays by issuing a liquid token. Rewards are added through a rebasing mechanism, which increases token balances over time-like a financial snowball rolling downhill. ⛄️📈

Why it matters

Lido currently accounts for nearly one-quarter of all staked Ethereum, according to network data. A quarter of the kingdom, guarded by a digital dragon. 🐉💰

The product carries risks including potential price divergence between stETH and ETH during volatile market periods, smart contract risk from the Lido protocol, and general cryptocurrency market volatility. A thrilling rollercoaster where the tracks are… well, not entirely sure. 🎢⚠️

The launch represents continued integration of decentralized staking mechanisms with regulated financial infrastructure in European markets. A tango between DeFi and traditional finance, with a side of regulatory bows. 🕺🎩

In September, WisdomTree launched a private credit fund on the blockchain, with a $25 minimum investment. Because nothing says “financial inclusivity” like a $25 entry fee. 💸😅

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2025-12-05 23:39