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Bitwise to Launch Aptos Staking ETP

Twitter icon  •  Published 1 month ago on November 13, 2024  •  Hassan Maishera

On Tuesday, Aptos Labs announced via X that Bitwise is set to list an Aptos Staking ETP.

Bitwise to Launch Aptos Staking ETP

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.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.