Since Wednesday, a new Exchange Traded Note issued by WisdomTree has been tradable on Xetra and Börse Frankfurt.
The WisdomTree Physical CoinDesk 20 ETN tracks the performance of the CoinDesk 20 Index. The CoinDesk 20 Index comprises the 20 largest and most liquid cryptocurrencies by market capitalisation, with the maximum weight of the largest crypto asset capped at 30 per cent and the remaining crypto assets capped at 20 per cent each. Stablecoins are excluded.
Bitcoin is currently weighted at 30 per cent, followed by Ethereum at 21 per cent, Ripple at 19 per cent, and Solana at 12 per cent.
| Name | Asset Class | ISIN | Management fee | Reference index |
| WisdomTree Physical CoinDesk 20 ETP | Crypto ETN | GB00BN474G19 | 0.70 per cent | CoinDesk 20 Index |
The product offering in Deutsche Börse’s ETF & ETP segment currently comprises a total of 2,362 ETFs, 197 ETCs and 251 ETNs. With this selection and an average monthly trading volume of more than €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.