Hong Kong investors in Europe can now get direct exposure to Coindesk 20, an index that represents the largest crypto assets, thanks to a new exchange-traded product (ETP) from WisDomtree launched at Consensus Hong Kong.

“The launch of the first Coindesk 20 ETP with WisDomtree is a defining moment for digital acting investment in Europe,” Alan Campbell, President of Coindesk index, said in a release. “Coindesk 20 gives institutional investors a streamlined way to access the largest digital assets beyond Bitcoin. “

WisdomTree’s Physical Coindesk 20 ETP (WCRP) offers exposure to the digital assets listed on Coindesk 20, in a similar way like other ETPs offering exposure to traditional financial S&P 500 or NASDAQ.

WCRP is listed on Deutsche Börse Xetra, the Swiss Stock Exchange six and Euronext exchanges in Paris and Amsterdam.

In addition, the WCRP generates an effort yield, which allows investors to take advantage of rewards earned by helping secure the underlying blockchain networks.

The Coindesk 20 index launched in January 2024 has quickly become an important benchmark for digital asset investors with over $ 14 billion in the trading volume in the first year.