Hassan Maishera
Lido DAO announced via X on Thursday that the WisdomTree Physical Lido Staked Ether ETP (LIST) is now live. It is a 100% staked ETH ETP for simplified institutional access to Ethereum staking rewards.
LIST is the first ETP to hold only stETH minted via the Lido protocol. This provides investors with efficient and regulated exposure to Ethereum staking rewards in a structure that avoids the unstaked buffers traditional products often use for creations and redemptions.
LIST trades on Deutsche Börse Xetra, SIX Swiss Exchange and Euronext in Paris and Amsterdam. It begins trading with approximately $50 million in assets under management and has a management expense ratio (MER) of 50 basis points.
Lido is a secure liquid staking solution for proof-of-stake (PoS) cryptocurrencies that supports Ethereum 2.0 (The Merge) staking and a growing ecosystem of other Layer 1 PoS blockchains. Its native LDO token is down 3.3% in the last 24 hours, trading at $0.6275 per coin.
