Aptos Staking Gets a Boost: Bitwise Launches New ETP

Crypto investment firm Bitwise is bringing Aptos (APT) staking to a wider audience with a new exchange-traded product (ETP) launching on the Swiss stock exchange.

Aptos Staking Made Easy

This ETP, called APTB, is the first of its kind, making Aptos staking accessible to both big-time investors and everyday folks. Bitwise CEO Hunter Horsley says this move is part of their mission to make crypto more accessible, following the success of their Bitcoin and Ethereum ETPs in the US.

Big Returns, Big Potential

The APTB ETP aims to generate returns by staking Aptos tokens, with an estimated annual return of 4.7%. Mo Shaikh, the head of Aptos Labs, sees this as a big win for the future of Aptos, saying it shows the platform’s reliability and scalability.

What’s Next for Aptos?

This new ETP is expected to open up even more opportunities for Aptos, potentially attracting more developers and users to the platform.