Bitwise is now launching the Aptos ETF

One of the world’s largest asset management companies, Bitwise, will launch the Aptos ETF in Switzerland. The ETF will also support staking. The fund will be listed on SIX, Switzerland’s major stock exchange

Bitwise is now launching the Aptos ETF

While the rise of Bitcoin has turned the world’s eyes back to cryptocurrencies, US-based major asset management company Bitwise announced that it will launch a new crypto ETF. The company will launch an Aptos ETF that also supports staking services starting November 19.

The funds, which will be available on Switzerland’s SIX exchange, will be the world’s first Aptos ETF. This ETF (or ETP), which will be available under the abbreviation APTB, will be offered to both institutional and individual investors. The purchased ETFs will be supported by real APT tokens. Staking services will also provide a 4.7% return.

Aptos, a first-layer blockchain network launched in 2022, has recently begun to appeal to a serious user base. It is known that the network has approximately 8 million monthly active users.

Andreessen Horowitz, Apollo Global Management, PayPal Ventures and Franklin Templeton are among the world giants investing in Aptos.

Bitwise has many index ETPs in Europe, including Solana and XRP, as well as ETFs such as Bitcoin and Ether in the US.

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