- Business
- WisdomTree Physical Crypto Market (ISIN: GB00BMTP1626) is a physically backed exchange traded product (ETP) that provides investors with exposure to a diversified basket of leading cryptocurrencies through tracking the WisdomTree CF Crypto Market Index, which is free-float market capitalization weighted and rebalanced quarterly. The ETP holds physical allocations to core digital assets including Bitcoin (approximately 44%), Ether (22%), XRP (11%), Solana (8%), Chainlink, Avalanche, Polkadot, Litecoin, Bitcoin Cash and Cardano; it employs institutional-grade custody solutions from Swissquote Bank Ltd and Coinbase Custody Trust Company, LLC, with assets secured in cold storage and no staking or coin lending currently enabled. Launched on November 18, 2021, and domiciled in Jersey as a debt security issued by WisdomTree Issuer X Limited, the ETP carries a management fee of 0.70% and lists on major European exchanges such as SIX Swiss Exchange (in USD, EUR and CHF), Euronext Amsterdam and Paris (in USD and EUR), and Deutsche Börse Xetra (in EUR). WisdomTree Physical Crypto Market targets institutional and professional investors seeking regulated, tradable access to the large-cap segment of the crypto market without direct custody or blockchain interaction, with passporting across select European countries including Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland and Sweden. In recent developments, WisdomTree has expanded its broader crypto ETP suite amid market evolution, including a May 2025 index rebalance that recalibrated basket weights while maintaining high-conviction exposures and methodology upgrades to the underlying CoinDesk-linked index requiring Coinbase Custody support; additionally, the firm formed a strategic partnership with eToro in January 2025 to launch a dynamic commodities portfolio incorporating diversified crypto elements, and completed the acquisition of U.S. farmland manager Ceres Partners in October 2025 to bolster alternative asset capabilities.