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The World's First Solana ETP Will Be Launched On The Swiss SIX Stock Exchange
Summary: Swiss investment product provider 21Shares will launch the world's first Solana exchange-traded product (ETP) under the ticker "ASOL". The trading will go live on the main Swiss stock exchange SIX on Tuesday. The ETP tracks the performance of SOL, the native token of the Solana blockchain. Data from Bitpush terminal shows that SOL is currently ...
Swiss investment product provider 21Shares will launch the world's first Solana exchange-traded product (ETP) under the ticker "ASOL". The trading will go live on the main Swiss stock exchange SIX on Tuesday.
The ETP tracks the performance of SOL, the native token of the Solana blockchain. Data from Bitpush terminal shows that SOL is currently the 15th largest cryptocurrency with a market cap of nearly $8 billion.
Each SOL ETP is supported by 0.667 SOL, and the basic fee is 2.5% per year. Coinbase Custody is the main custodian of SOL ETP.
21Shares has launched Stellar and Cardano ETP respectively in April.
By Mary Liu
Tags: 21Shares,ETP,SIX,Solana
Link: The World's First Solana ETP Will Be Launched On The Swiss SIX Stock Exchange [Copy]
