WisdomTree launches pure stETH ETP in Europe

U.S. asset manager WisdomTree has launched a fully staked ETH exchange-traded product (ETP) in Europe, according to Ethereum staking platform Lido (LDO). The product is the first ETP to exclusively hold stETH, an asset issued via the Lido protocol. It is structured to operate without the unstaking buffer typically used by other staking ETPs. The ETP is available for trading on Deutsche Börse Xetra, the SIX Swiss Exchange, and Euronext exchanges in Paris and Amsterdam.