Bitwise, a Bitcoin ETF issuer, has announced the launch of the world’s first Aptos Staking ETP, set to debut on the Swiss stock exchange on November 19, 2024. The new product, identified by ticker APTB and ISIN DE000A4AJWU3, will allow investors to participate in staking, a process that helps secure the network, similar to dividend-earning in traditional investments.
Bitwise CEO Hunter Horsley expressed excitement about expanding access to digital assets through the Aptos Staking ETP. The Aptos blockchain has gained traction for its high transaction speeds and low fees, reaching over 8 million monthly active users.