WisdomTree Launches Ethereum Staking ETP with Lido

What if you could earn crypto staking rewards through a traditional stock exchange, cutting out the usual middlemen? WisdomTree is pioneering this with its new Ethereum ETP using Lido's decentralized staking protocol. The LIST ETP launched with an impressive $50 million in assets, already dwarfing competitors like Invesco's $27 million fund. Instead of relying on centralized custodians, it directly holds Lido's stETH, which represents over 8.5 million ETH staked across 650+ global operators, offering a more direct on-chain yield. This move marks a major milestone in legitimizing decentralized finance within the highly regulated world of traditional asset management. Now, institutional investors on major European exchanges can access Ethereum's staking yield through a familiar, regulated product, seamlessly bridging the gap between TradFi and DeFi.