PANews reported on December 4th that WisdomTree's fully staked Ethereum ETP has officially launched, according to the official Lido blog. Its "WisdomTree Physical Lido Staked Ether ETP" (trading code: LIST) is the first ETP product in Europe that only holds stETH minted through the Lido protocol. The product's structure avoids the non-staking buffer mechanism commonly used in traditional products during subscription and redemption.

LIST is listed and traded on the Deutsche Börse Xetra platform, the Swiss SIX stock exchange, and Euronext in Paris and Amsterdam. This product, through holding stETH, provides investors with exposure to staking ETH and its corresponding on-chain staking rewards in a listed product format that aligns with existing institutional business frameworks. At the time of its listing, LIST had approximately $50 million in assets under management and a management fee of 0.50%.