Bitwise
Aptos Staking ETP
APTB
TICKER
ISIN

Aptos Staking

with Total Return
  • NAV daily change +3.75%
  • NAV YTD change
    -
  • NAV since inception +5.63%

Investment Objective

The Bitwise Aptos Staking ETP (APTB) offers investors exposure to the performance of APT, while capturing additional staking rewards that are accumulated in the ETP. APTB is an institutional-grade, low cost, and liquid ETP that is fully backed with Aptos (APT) held in cold storage custody. The ETP is benchmarked to the Compass Aptos Total Return 90% Index, after fees and expenses.

Aptos - high performance Layer 1 Blockchain:

Aptos launched in 2022, two and a half years after Solana, and seven years after Ethereum. It has been lauded for breakthrough performance that enables enterprise-scale applications, and has rapidly grown to over 8 million monthly active users. Aptos Labs, which is a core contributor to the blockchain, is led by a senior team that previously worked on Meta's blockchain initiative, and is backed by leading institutional investors including Andreessen Horowitz, Apollo Global Management, PayPal Ventures, and Franklin Templeton Investments.

Factsheet
Ticker
ISIN
KID Final Terms Prospectus EMT EET All Documents
APTB Product Specifications

Why APTB?

Fully transparent

APTB holders receive all staking rewards net of a staking service fee of 33% that is charged by the issuer to cover staking service and other costs.

Real benchmark

The Compass Aptos Total Return 90% Index allows for clear assessment of performance against the current APT staking rewards market rate.

Simple and reliable

Buy and sell like any stock or ETF through your regular securities account. No new account or crypto wallet needed.

Liquidity

Investors in APTB enjoy daily liquidity on the stock exchange and are not limited by lock-up periods or other technical challenges of crypto staking.

Physical ETP Structure

Units of APTB are 100% physically backed by Aptos (APT) held securely in cold storage. The private keys never leave custody even during staking.

Institutional-grade Custody

The assets backing the ETP are kept in cold-storage custody and are secured by an independent trustee, thus eliminating issuer default risk.

Specifications

Key Information

Primary Ticker APTB
ISIN DE000A4AJWU3
WKN A4AJWU
TER 0.85% p.a.
Asset Class Digital Assets
Underlying Exposure Aptos (APT)
Strategy Staked APT Total Return
Replication Method Physical (100%)

Composition

Aptos logo Staked Aptos (APT) 100 %

APTB NAV

NAV (USD)
$ 12.13
NAV to previous day
+3.75%  /  $ 0.44

The ETP's NAV U.S. dollar value is determined at 4.00 pm CET of each business day, and represents the value of one unit; it is calculated by using the relevant spot price of the underlying digital asset. The value is not necessarily the same as the ETP's intraday trading price. Investors should not expect to buy or sell the ETP at the determined NAV value.

APTB Performance

Period NAV
1 month –
3 months –
6 months –
YTD –
Since inception –

Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. NAV performance is displayed in base currency (USD), price performance is displayed in trading currency (e.g. EUR). Brokerage or transaction fees will apply. Past performance is no guarantee of future performance, and your invested capital may be at risk.

APTB Assets under Management

Last updated:
Asset Name Aptos
Asset Symbol APT
Shares outstanding 1,927,112
AUM in Cold-Storage APTB 1,926,871.57
AUM market value (USD) $ 23,370,215.97
Cryptocurrency Entitlement
(per unit) APT 0.99987524

Staking Aptos (APT)

Why Stake APT?

Staking APT, the native token of the Aptos blockchain, is a way to earn additional income while enhancing the network’s security and performance. Aptos employs a unique, high-performance consensus model for fast, reliable transactions. By staking APT—either directly or through this ETP product—you contribute to transaction validation and block production, receiving rewards in APT tokens that are accumulated in the ETP and enhance its performance.

Why use an ETP for Staking?

For investors, this Aptos Staking ETP simplifies staking by managing technical requirements and custody. While direct APT holders have options for staking, an ETP offers distinct advantages, particularly liquidity: investors enjoy daily trading on the stock exchange without lock-up periods or technical complexities. Additionally, assets are securely held in cold storage with a specialized institutional custodian, ensuring safekeeping at all times.

APTB Staking Details

Expected Staking Reward (net of fee)
67% of total staking rewards

Investors receive 67% of all staking rewards generated by staking the ETP's underlying APT. The issuer keeps a fee of 33% of the total staking rewards to cover costs associated to staking (the "Staking Service Fee").
The Expected Staking Reward represents the rewards expected to be received by the ETP, expressed in annualised % terms. This number is subject to change based on market rates for rewards in APT staking and will be periodically adjusted.

How are the rewards passed to investors?
The staking rewards less 33% Staking Service Fee are reinvested into the ETP to enhance performance. This means that the cryptocurrency entitlement per ETP, which is the amount of underlying APT per every unit of the ETP investors own is adjusted upwards. The current cryptocurrency entitlement can be retreived from the CE table available among the resources in the Staking section of this page.

Staking Service Fee
33% of Staking Rewards
The fee withheld by Bitwise Europe GmbH (expressed as % of total rewards), to cover costs related to staking.
Staking Provider Coinbase Cloud, part of Coinbase Crypto Services, LLC
Reference Benchmark Compass Aptos Total Return 90% Index
Index Provider Compass Financial Technologies SA
Benchmark Bloomberg code APTTR90

Resources

Staking Rewards History.xlsx Index Information Page Index Methodology Staking Guide

Staking Index Performance

Performance in %, starting 1 August 2024

Frequenty Asked Questions

APTB is 100% physically backed by Aptos (APT) and replicates the performance of the underlying, less fees. The underlying APT are staked, hence generating additional returns for investors in accordance with the APT staking market rate (less staking fees).
Yes. APTB holders receive all staking rewards net of a staking service fee of 33% that is charged by the issuer to cover staking related costs. This means 67% of the total staking rewards are passed on to investors in the ETP.
The APT staking rewards, net of fees, are added to the Crypto Entitlement (CE) of APTB at the end of each trading day. This means that the value of underlying Aptos (APT) per ETP unit increases.
Yes. The staking provider that Bitwise uses for its Staking ETPs has the ability to stake directly from the ETP’s custody wallet. This means the crypto assets’ private keys never leave custody during staking and remain in cold storage.
Yes, all Bitwise ETPs - including the staking products - can be bought or sold on exchange daily. This means investors can buy and sell on the stock exchange during conventional exchange trading hours.
Read the Bitwise Staking Guide Read the Bitwise Staking Guide

APTB Trading Information

Trading Currency
Exchange
ISIN
WKN
Valoren
Ticker BBG
SEDOL
RIC
SIX Swiss Exchange
USD
Ticker
Listing date:
ISIN DE000A4AJWU3
WKN –
Valoren 139573609
APTBUSD SW
SEDOL BRJZ2Z3
RIC APTBUSD.S
SIX Swiss Exchange
CHF
Ticker
Listing date:
ISIN DE000A4AJWU3
WKN –
Valoren 139573609
APTBCHF SW
SEDOL BRJZ305
RIC APTBCHF.S

Buy and sell just like stocks or ETFs

Use the securities account you already have or select from a wide range of platforms

  1. Open your online securities account and call up the order mask.
  2. Insert ticker, ISIN, or name of the product and select trading platform (Our products are tradable at least on Xetra).
  3. Set amount and review your order to ensure accuracy before confirming the trade.
Registered for sale
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Liquidity Ecosystem Market Makers /
Authorised Participants (APs) detailed info
Flow Traders B.V.
Jane Street Financial Limited
Susquehanna International Securities Limited
XTX Markets SAS
Goldenberg Hehmeyer LLP
Makor Securities London Ltd (Enigma Securities)
DRW Europe B.V.

Note: MM/AP services may vary by product

Product Details

Structure

Domicile Germany
Issue Date 12.11.2024
Primary listing venue SIX Swiss Exchange
Primary Listing Date 11.19.2024
Legal Form Debt Security
Product Structure ETP (Exchange Traded Product)
Redemption by Investors* Yes
Creation & Redemption (APs) In-kind
Leverage 1:1 (No leverage)
Minimum Investment 1 unit
Expiry Date Open ended
Entry Exit Fees None
Replication Method Physically allocated (100% fully backed)
Lending No
* Possible against the undelrying cryptocurrency or in cash in cases where redemption in cryptocurrency is not possible for regulatory reasons.

Key Service Providers

Issuer Bitwise Europe GmbH
Prospectus Competent Authority BaFin (Germany)
Custodian Coinbase Custody Trust Company, LLC
Security Trustee The Law Debenture Trust Corporation p.l.c.
Administrator Apex Corporate & Advisory Services Ltd
Registrar Clearstream Banking AG
Paying Agent & Fiscal Agent Quirin Privatbank AG

Underlying Price Reference

Underlying Price Reference Compass Aptos Total Return 90% Index
Bloomberg Ticker APTB SW
Benchmark Provider Compass Financial Technologies
Price Reference Currency USD
NAV Valuation Method Daily NAV

Fees

Management Fee (TER) 0.85% p.a.
Performance Fee No
UCITS eligible Contact us for more information
Entry/Exit Fees* None
*Your broker may charge commissions to buy and sell the ETP

Legal & Tax

Tax Treatment Germany Benefits apply to 1-year holding period
UCITS Compliant No
UCITS Eligible Contact us for more information*
SFDR Classification Contact us for more information
ISA Eligible Yes
SIPP Eligible Yes
*Currently, there are no definitive regulatory indications to determine the suitability of this ETP for investment in UCITS. Bitwise has conducted an internal analysis, applying the UCITS eligibility framework to ETPs with cryptocurrencies as underlying assets. For further information, please contact us at europe@bitwiseinvestments.com.

Institutional Custody

Custodian logo

Bitwise only partners with leading providers of digital asset custody. Coinbase Custody Trust Comany was founded in 2018 and is a custodian for digital assets. The company offers a secure, institutional-grade offline storage solution.

Regulated & & Certified

Coinbase Custody is an independent qualified custodian and is a fiduciary under New York state banking laws. Coinbase custody is also the first crypto custodian to be issued both the SOC 1 Type 2 and SOC 2 Type 2 reports.

Cold Storage img Custody

All ETP assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

Multi-Signature img Security

Coinbase Custody has developed its own first-class key generation protocol to generate cold storage addresses for custody wallets.

Insured img

Coinbase industry leading insurance policy protects both online and offline assets across all of Coinbase's products.

Key risks of Crypto ETPs

  1. Investor's capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETP securities are structured as debt securities, not as equity.
  4. ETPs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETP.

Buy APTB through your regular online broker or bank

Add crypto to your portfolio while using your existing account, or choose a new. Select trading platform:

Select your country
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  • Deutschland flag Deutschland
  • Eesti flag Eesti
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  • Sverige flag Sverige
  • Ελλάδα flag Ελλάδα
  • Κύπρος flag Κύπρος
How to order the ETP in stock market trading:
  • Open your online securities account
  • Call up the order mask
  • Set amount
  • Enter order details using the ISIN or WKN
    of the desired product
  • Select trading platform (our ETPs are all tradable on at least Xetra)
  • Place the order
What to do if the ETP is not available to you?

Contact your online trading platform or your bank's customer service to request trading access to our products. Always include ISIN and ticker in your request. If you face any difficulties, send us an email with further information to europe@bitwiseinvestments.com. We are here to help and may contact your online trading platform or bank to help resolve the issue.

Risks Involved in Investing in ETPs

  • Cryptocurrencies and products linked to cryptocurrencies are highly volatile.
  • You can lose some or all of your investment.
  • Risks of investing are numerous and include market, price, currency, liquidity, operational, legal, and regulatory risks.
  • Exchange traded products do not offer a fixed income or match precisely the performance of the underlying cryptocurrency.
  • Investment in cryptocurrencies and products linked to cryptocurrencies are only suitable for experienced investors and you should seek independent advice and check with your broker prior to investing.

All investors should read the relevant base prospectus and final terms contained on this website before investing and, in particular, the section entitled ‘Risk Factors’ for further details of risks associated with an investment.

Redirection to external website

The website or web pages to which you are redirected are not owned by ETC Group. ETC Group therefore shall not be held liable for any information, data, details, explanations and representations (hereinafter referred to as "Information") provided on such websites, in particular not for damages that may result from the use of this Information for your own investment decisions. Price and performance data on the websites of ETC Group may differ from the price information on the websites of the respective online brokers or banks.

The information on the websites to which you are redirected is the sole responsibility of their providers. The offers you find on the providers' websites are expressly not directed at persons in countries that prohibit the provision or retrieval of the content posted therein. Each user is responsible for finding out about any restrictions before accessing the websites and complying with them.

By clicking the "Continue" button, you will be forwarded directly to the website or login or order screen of the selected provider. In the case of an order form, the following fields are usually preset: ISIN, buy/sell and exchange. It should be possible to change such fields at any time. We recommend to carefully check all the details in the securities order form before placing an order.