WisdomTree Partners with CoinDesk Indices to Launch Physical CoinDesk 20 ETP

The WisdomTree Physical CoinDesk 20 ETP (WCRP) is listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam and is designed to offer investors a simple, secure and cost-efficient way to gain exposure to the CoinDesk 20 Index. The ETP generates a staking yield based on the portion of the assets which are staked. Staked assets participate in the consensus mechanisms of relevant assets, helping secure their blockchains. WisdomTree Physical CoinDesk 20 has a management expense ratio (MER) of 0.70%, representing one of the lowest fee levels for an institutional-grade crypto basket ETP.

By offering exposure to the CoinDesk 20 Index, the ETP helps investors avoid the complexities of selecting individual assets, providing secure and diversified exposure to approximately 90% of the crypto market³ shaping the next wave of innovation. To reflect the dynamic nature of the cryptocurrency industry, the index can evolve over time to represent the largest and most liquid investable crypto assets.

Dovile Silenskyte, Director, Digital Assets Research, WisdomTree, said: “2024 set the stage for what could be a defining 2025 for the cryptocurrency market. As innovation progresses, regulatory frameworks evolve, and adoption grows steadily, the environment appears increasingly supportive of this asset class. The changing macroeconomic environment may further enhance this outlook, creating conditions that could benefit the cryptocurrency market, including coins beyond bitcoin and ether. Taking a broad and diversified approach through the CoinDesk 20, the world’s most traded crypto index, provides a practical way to access opportunities across the digital asset market⁴.”

Alan Campbell, President of CoinDesk Indices, added: “The launch of the first CoinDesk 20 ETP with WisdomTree is a defining moment for digital asset investing in Europe. The CoinDesk 20 provides institutional investors with a streamlined way to access the largest digital assets beyond Bitcoin. Since its launch in January 2024, it has rapidly become a key benchmark for market participants, with over $14bn in trading volume – highlighting the growing interest in diversified digital asset exposure.”

In 2019, WisdomTree became the first established ETP issuer to provide European investors with an institutional-grade physically backed cryptocurrency exposure with the launch of the WisdomTree Physical Bitcoin ETP. Today, WisdomTree manages $1.6bn⁵ across a thoughtfully curated range of 10 physically backed institutional-grade crypto ETPs that provide a simple, secure and low-cost way to gain exposure to single coins, such as bitcoin and ether, and to diversified crypto baskets, such as the WisdomTree Physical CoinDesk 20 ETP.

Alexis Marinof, Head of Europe, WisdomTree, said: “Investors are familiar with using ETFs and ETPs to track established benchmarks, yet until today it has not been possible to track the world’s most traded crypto index. Through our collaboration with CoinDesk, European investors can now access the first and only ETP tracking the CoinDesk 20 index. With 40% of European professional investors expecting to increase their crypto allocation⁶, the asset class represents one of the most exciting investment opportunities for 2025. This ETP provides a highly diversified entry point into the crypto ecosystem, further democratising access to a historically difficult part of the market to get exposure to.”

WisdomTree was the European crypto ETP flow leader in 2024 with $520m⁷ of net new flows.

WisdomTree’s European crypto ETPs are available for sale in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Poland, Netherlands, Norway, Spain, Sweden and Switzerland. WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum are also available for sale in the United Kingdom.

Product information

Sources

 1. https://indices.coindesk.com/indices/crypto-index-offerings#indices

 2. While the index tracks the performance of the main 20 cryptocurrencies and the ETP aims to replicate the index, in the short to medium term it will not be viable for the ETP to provide exposure to all the underlying coins at all times due to replication efficiencies and coin availability in certain exchanges and custodians. For the actual coin exposure, please visit the product page of the WisdomTree Physical CoinDesk 20 ETP.

3. The digital asset market is represented by the CoinDesk Market Index 

 4. The digital asset market is represented by the CoinDesk Market Index (CMI)

 5. WisdomTree, as at 14 February 2025

6.  Censuswide, WisdomTree Pan-Europe Professional Investor Survey Research, Survey of 817 professional investors across Europe, conducted between June and July 2024

 7. Source: WisdomTree as at 31 December 2024