WisdomTree Launches Solana, Cardano and Polkadot ETPs on Euronext Exchanges

has announced that its Solana, Cardano and Polkadot exchange-traded products were listed in France and the Netherlands earlier today.The products boast a total expense ratio of just 0.95%. It measures the total costs associated with operating a certain investment fund.

According to Eric Balchunas, Bloomberg's senior ETF analyst, the offering is poised to severely undercut Switzerland-based crypto ETP issuer 21Shares, which charges its investors a 2.5% management fee. Earlier this week, the Solana, Cardano and Polkadot ETPs were also launched on Zurich-based SIX Swiss Exchange and Frankfurt-based Xetra.

Cryptocurrency ETPs provide investors with exposure to a slew of cryptocurrencies in a secure and cost-efficient manner. Such products are typically popular in Europe, where regulators have shown a willingness to list such products. AsCrypto investment firms are getting more creative. Earlier this month, Bloomberg

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