100% physically backed by Ether
Exposure to the spot price of Ether through an institutional grade and physically backed structure. The corresponding digital assets are professionally secured in ‘cold storage’.
Ether, the native coin of the Ethereum network, is the second largest cryptocurrency by market capitalisation behind bitcoin. One of the most ambitious blockchain projects, Ethereum (ETH) seeks to use cryptocurrency to decentralise products and services in a wide range of use cases beyond money – it is often referred as ‘the world computer”.
Put simply, Ethereum tracks changes (transactions confirmed on the blockchain) as well as potential changes yet to occur (state), a difference that gets to the heart of its vision. On Ethereum, these multi-step computing functions are called ‘smart contracts’. Larger constructions of many smart contracts, in turn, are called decentralised applications (dApps). There is a vibrant ecosystem of dApps on Ethereum, constituting segments such as decentralised finance (DeFi), non-fungible tokens (NFTs) and more.
The WisdomTree Physical Ethereum and WisdomTree Physical Lido Staked Ether ETPs give investors access to this exciting new asset class in a simple, secure and low-cost way through regulated, major European exchanges.
