On Tuesday, Aptos Labs announced via X that Bitwise is set to list an Aptos Staking ETP. The ETP will be the first Aptos Staking ETP in the world, offering institutions and individuals a secure and transparent way to access Aptos.
The ETP will seek to stake the Aptos held by the product, which is expected to generate additional returns of approximately 4.7% net of fees while providing investors with daily liquidity on the stock exchange.
Aptos is a scalable layer-1 blockchain based on the Move programming language. APT is the project's native token. APT is down 5%, trading at $12.08 per coin.