tl;dr
WisdomTree introduces the first physically backed Stellar Lumens ETP in Europe, offering institutional investors a regulated, low-cost gateway to XLM with a 0.50% fee, listed on major exchanges like SIX Swiss and Euronext.
**WisdomTree Launches Physically Backed Stellar Lumens ETP in Europe, Offering Institutional Investors Cost-Effective Access**
**October 14, 2025** – WisdomTree, a leading provider of exchange-traded products (ETPs), has announced the launch of the *“WisdomTree Physical Stellar Lumens ETP”* in Europe, marking a significant step in expanding institutional access to cryptocurrency. The product, which is physically backed and tracks the spot price of Stellar Lumens (XLM), is now live on the **SIX Swiss Exchange**, **Euronext Paris**, and **Euronext Amsterdam** as of October 14, 2025. Trading on **Deutsche Börse Xetra** will commence on October 15, 2025.
### **Why This Matters for XLM Access**
The ETP provides a regulated, transparent mechanism for professional and institutional investors to gain exposure to XLM, the native token of the Stellar blockchain. By physically holding XLM in reserve, the product minimizes tracking errors, ensuring investors’ exposure aligns closely with the underlying asset. For institutions, exchange-listed access simplifies compliance, enhances operational clarity, and offers robust custody standards.
With a **0.50% annual management fee**, the ETP positions itself as the **lowest-cost physically-backed XLM product in Europe**, making it an attractive option for cost-conscious investors. WisdomTree’s launch underscores growing demand for secure, regulated pathways to Stellar’s ecosystem, which has gained traction for its role in cross-border payments and asset tokenization.
### **Stellar Blockchain’s Role in Modern Finance**
Stellar, a Layer-1 blockchain, is designed to facilitate fast, low-cost cross-border transactions and asset tokenization. Its **Stellar Consensus Protocol** (SCP) enables energy-efficient, secure settlements through a network of trusted validators. Over 69 regulated financial institutions across 170 countries leverage Stellar for money transfers, payments, and financial services, highlighting its real-world applicability.
In 2024, Stellar expanded its capabilities with the introduction of **smart contracts**, further solidifying its role in the digital finance landscape. This innovation, combined with its focus on bridging fiat and crypto systems, has positioned Stellar as a key player in the evolving financial ecosystem.
### **Costs, Ticker, and Trading Details**
- **Ticker**: XLMW
- **Management Fee**: 0.50% annually
- **Custody**: Segregated custody for underlying XLM tokens
- **Trading Platforms**: SIX Swiss Exchange (live), Euronext Paris and Amsterdam (live), Deutsche Börse Xetra (October 15)
Investors are encouraged to monitor day-one trading volumes, bid-ask spreads, and creation/redemption activity to gauge market demand.
### **WisdomTree’s Crypto ETP Expansion**
This launch extends WisdomTree’s multi-asset crypto ETP portfolio, which includes products tracking **Bitcoin** and **Ether**. The firm manages over **$2 billion** across 11 crypto ETPs, prioritizing physically backed structures to address institutional concerns around custody, fees, and regulatory oversight. The Stellar ETP aligns with WisdomTree’s strategy to target emerging themes in digital finance, such as payments and tokenization.
### **Bottom Line**
The *WisdomTree Physical Stellar Lumens ETP* offers European institutions a regulated, cost-effective way to access XLM without departing from traditional exchange venues. With listings on major European exchanges and a competitive fee structure, the product reflects the growing integration of blockchain assets into institutional portfolios. As Stellar continues to expand its use cases, this ETP could play a pivotal role in shaping the future of cross-border finance.
For investors, the launch represents a milestone in the convergence of traditional finance and blockchain innovation, providing a bridge between legacy systems and the evolving digital economy.