Bitwise Asset Management announced the launch of a new Aptos Staking ETP on the SIX Swiss Exchange, providing investors the opportunity to stake Aptos tokens with an expected return of 4.7% per year.
Investor Benefits of Staking
Staking allows token holders to earn rewards by assisting in transaction validation on Proof of Stake networks like Aptos. Bitwise’s ETP offers indirect staking through a secure and regulated framework, simplifying the process.
ETP Announcement and Significance for Aptos
The Aptos Staking ETP (APTB) provides market access for both retail and institutional investors. As a high-performance blockchain, Aptos has rapidly gained traction with over 8 million monthly active users.
Changes in U.S. Staking Regulations
With the ongoing regulatory shifts in the U.S., such as the approval of Bitcoin and Ethereum ETPs, stakeholders watch if staking-based ETFs will emerge. For now, Europe remains at the forefront of staking innovations.
Bitwise’s new product highlights Aptos’s potential and opens up new investment avenues while reinforcing the growing interest in staking as a pivotal aspect of the crypto market.
