Bitwise Launches First Aptos Staking ETP… Planned to be Listed on Swiss SIX

Asset management company Bitwise announced on the 12th that it has launched the first exchange-traded product (ETP) that stakes the base token of the Aptos network.
Bitwise's Aptos Staking ETP (APTB) is scheduled to be listed on the Swiss SIX Exchange on November 19th, attracting European institutional and individual investors.
The ETP will be physically backed and will generate a yield of approximately 4.7% by staking Aptos. This yield will accumulate directly within the ETP.
APTB is the second in Bitwise’s European total return product series, which already offers an Ethereum staking ETP.
Bitwise has listed Bitcoin and Ethereum ETFs in the US.