WisdomTree launched a physically backed Stellar Lumens ETP with a 0.50% fee on SIX and Euronext, with Xetra listing planned for Oct. 15. The product provides institutional-grade exposure to XLM's spot price across European exchanges.
WisdomTree has launched a physically backed exchange-traded product (ETP) tied to Stellar Lumens (XLM) across European venues with a 0.50% management expense ratio, described as the lowest-cost physically backed lumens ETP in Europe. The product began trading on SIX Swiss Exchange and Euronext in Paris and Amsterdam, with a Deutsche Borse Xetra listing scheduled for Oct. 15. WisdomTree positions the ETP as an institutional-grade route to Stellar's native asset, highlighting Stellar's focus on cross-border payments, the energy-efficient Stellar Consensus Protocol, and integrations with over 69 regulated financial institutions across 170+ countries. The launch extends WisdomTree's crypto lineup beyond Bitcoin and Ether, building on their 2019 physically backed Bitcoin ETP.
