ETPs
Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange
The exchange-traded product offers investors regulated access to Bittensor’s TAO token with staking rewards and full physical backing.

WisdomTree Launches Physically Backed Stellar Lumens ETP Across Europe
WisdomTree launched a physically backed stellar lumens ETP with a 0.50% fee on SIX and Euronext, saying it will add a Xetra listing on Oct. 15.

‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms
Hargreaves Lansdown says bitcoin lacks intrinsic value and shouldn’t be part of portfolios, even as it prepares to launch crypto ETN trading for clients early next year.

Crypto ETPs See Record $2.9B Outflow With Bitcoin Leading Three-Week Streak: CoinShares
Investor withdrawals hit $3.8B over three weeks amid Bybit hack, Fed uncertainty, and profit-taking from 19-week inflow streak.

Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.

Bitwise Acquires London-Based ETP Provider ETC Group to Enter Europe
The acquisition of ETC Group's $1 billion in assets under management takes Bitwise's AUM above $4.5 billion.

Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares
CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs
The ETH products recorded $60 million in net outflows each week, the most since August 2022.

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Across the broader digital asset ecosystem, investment products saw net $600 outflows of $600 million, entirely driven by BTC's losses
