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Techub News, according to CoinDesk, WisdomTree has launched a physically backed exchange-traded product (ETP) linked to XLM on multiple European trading platforms, with a management fee rate set at 0.50%. The product, named WisdomTree Physical Stellar Lumens ETP, provides investors with exposure to the spot price of Stellar Lumens through a physically backed structure. This ETP has been listed on the SIX Swiss Exchange and Euronext in Paris and Amsterdam, and is scheduled to be listed on Germany's Xetra stock exchange on October 15.
Techub News reports that Upbit has announced an upgrade to the Stellar network. Starting from 18:00 Hong Kong time on January 22, the deposit and withdrawal functions for Stellar Lumens token XLM will be suspended. Additionally, withdrawals for Aqua token AQUA and Mobius token MOBI will be paused until system stability is confirmed.
Techub News reports that the Chicago Mercantile Exchange Group (CME Group) has announced plans to expand its cryptocurrency derivatives product line, intending to launch futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9, pending regulatory review.
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