Warsaw Stock Exchange Expands Access to Crypto Assets with New ETP Listings

The Warsaw Stock Exchange (WSE) has taken a significant step in the development of its cryptocurrency market structure by approving the listing of four ETPs linked to major digital assets.

The instruments, issued by Virtune AB, are based on BTC, Ethereum, Solana, and XRP, providing investors with an indirect exposure to these assets without requiring them to open a crypto account.

Some of the products also include staking features, which can offer additional yields to long-term investors. The ETPs are fully backed by cryptocurrency held in custody at Coinbase, ensuring reserve transparency through Chainlink's Proof of Reserves technology.

The introduction of these ETPs is significant amid regulatory uncertainty surrounding the European MiCA regulation. A bill aimed at implementing MiCA has been vetoed twice by President Karol Nawrocki, leaving the market in limbo.