CandleFocus Spanish Bank Allocates 2% to Bitwise Aptos Staking ETP
2024-12-13
Author: Content Editor
Bitwise CEO Hunter Horsley has revealed that an undisclosed Spanish bank has invested in the Bitwise Aptos exchange-traded product (ETP). The bank allocated 2% of its funds to the investment product, which is traded on the Swiss exchange SIX and provides investors with an alternative way to access cryptocurrency. The Bitwise Aptos ETP tracks the performance of the native token, APT, and offers staking rewards to holders. Bitwise further enhances the credibility of the ETP by backing it with corresponding APT held in cold storage. Horsley believes that the crypto industry is experiencing mass adoption within the mainstream financial system, as more countries and public companies embrace it.
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