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WisdomTree Debuts Europe's First Fully Staked Ethereum ETP
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Instead of ETH, the fund invests in stETH, a version of ETH in highly liquid stacking issued by Lido, which is used as if it were Ethereum in DeFi protocols and other usage cases while generating dividends. *** The product debuted under the LIST ticker with an initial commitment of USD $50 million in assets. It is the first ETP to generate stake rewards using only Lido stETH. Its structure seeks to bring traditional finance closer to regulated D…
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