Bitwise Unveils First Aptos Staking ETP for European Investors
Bitwise Asset Management has introduced a pioneering exchange-traded product (ETP) focused on staking the Aptos (APT) token, marking a significant move in the crypto investment space.
Announced on November 12, the Bitwise Aptos Staking ETP (APTB) will be listed on the SIX Swiss Exchange starting November 19, providing both retail and institutional investors in Europe access to this new offering.
This ETP will hold staked Aptos tokens and aims to deliver returns of around 4.7% net of fees, which will be reinvested directly within the product. It is part of Bitwise’s expansion in Europe, where it already offers Ethereum staking ETPs as part of its Total Return product lineup. Bitwise, known for its Bitcoin and Ethereum ETFs in the United States, is now broadening its crypto offerings internationally.
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Aptos, a high-performance layer-1 blockchain launched in 2022, supports decentralized applications (DApps) and has gained traction with major companies like Microsoft, Amazon, and Coinbase. The network boasts over 8 million monthly active users and has facilitated more than 1.7 billion transactions. Aptos’s token (APT) currently holds a market cap of around $6.5 billion, with a large portion of the supply staked by investors.
In a broader context, with over 80% of Aptos tokens staked, the network rewards its stakers with about 7% returns, as reported by Coinbase. The launch of the APTB ETP is part of a growing trend of crypto investment products, as the industry anticipates regulatory changes that may eventually allow U.S.-based crypto ETFs to incorporate staking, a shift that could follow following regulatory changes under a new U.S. administration.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
