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WisdomTree Launches Physically Backed Stellar Lumens ETP Across Europe

WisdomTree launched a physically backed stellar lumens ETP with a 0.50% fee on SIX and Euronext, saying it will add a Xetra listing on Oct. 15.

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💡 DMK Insight

WisdomTree's launch of a physically backed stellar lumens ETP at a competitive fee of 0.50% signals a shift towards more institutional-grade crypto products. This move not only enhances accessibility for investors but also underscores the growing acceptance of digital assets in traditional finance. As more platforms embrace such offerings, it suggests a maturation of the crypto market, potentially attracting a broader base of investors who may have previously been hesitant.

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