The largest securities exchange in Eastern Europe, the Warsaw Stock Exchange (WSE), has approved the listing of 4 crypto ETPs, based on BTC, ETH, SOL, and XRP, issued by Swedish asset management company Virtune. Among them, the ETH and SOL products support staking yields, with SOL expected to have an annualized staking return of about 3%. The BTC product has a management fee of 0.25%. The products are fully backed by "physical" crypto assets, custody held at Coinbase, and transparency of reserves is provided through Chainlink Proof of Reserves. Investors can purchase directly using Polish zloty without opening a crypto account, and the products can be included in IKE and IKZE pension plans. (cryptopolitan)
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The largest securities exchange in Eastern Europe, the Warsaw Stock Exchange (WSE), has approved the listing of 4 crypto ETPs, based on BTC, ETH, SOL, and XRP, issued by Swedish asset management company Virtune. Among them, the ETH and SOL products support staking yields, with SOL expected to have an annualized staking return of about 3%. The BTC product has a management fee of 0.25%. The products are fully backed by "physical" crypto assets, custody held at Coinbase, and transparency of reserves is provided through Chainlink Proof of Reserves. Investors can purchase directly using Polish zloty without opening a crypto account, and the products can be included in IKE and IKZE pension plans. (cryptopolitan)