WisdomTree's move into the European digital asset market has seen the introduction of its first physically backed Stellar Lumens (XLM) Exchange-Traded Product (ETP). The new product provides institutional investors with regulated and low-cost exposure to Stellar, a blockchain network that offers fast, low-cost, cross-border payments and tokenized asset issues.
The ETP, which is currently listed on the SIX Swiss Exchange, Euronext Paris, and Euronext Amsterdam, and available for listing on the Deutsche Börse Xetra in Germany on October 15, represents an additional step in the growing crypto product accord of the company. It has a management expense ratio (MER) of 0.50%, the lowest physically backed Stellar ETP in the European market, which makes the offering by WisdomTree another effort to provide its institutional clients with the cheapest and safest access to digital assets.

Furthermore, the Stellar blockchain, introduced in 2014, has become one of the most developed Layer-1 networks that facilitate real-life financial integration. It allows the issuance of tokenized assets while facilitating cross-currency transfers through its native token, Lumens (XLM).
Dovile Silenskyte, the Director of Digital Assets Research at WisdomTree, argued that XLM is keen on addressing financial issues in the real world. They include remittances and cross-border settlement, which align with the vision at WisdomTree of connecting the world of traditional finance and blockchain innovation. Silenskyte pointed out that with Lumens supplies fixed at 50 billion tokens, coupled with the lack of inflationary issuance, supports its long-term scarcity and financial integrity.
Additionally, the company has recently launched its latest product, which emphasizes its continued domination of the European crypto ETP segment. The firm now has assets of more than $2 billion in physically-backed crypto ETPs of 11 digital assets, which include Bitcoin, Ethereum, and diversified crypto baskets. It also manages over $140 billion in global assets, including $50 billion managed in European ETFs and ETPs alone.
The net inflows of the company in 2024 and 2025 were over $6 billion, indicating institutional confidence in the firm in regard to the process of acquiring secure and compliant digital investment products.
Moreover, the firm is expanding regulated access to blockchain ecosystems in 15 countries in Europe, such as Germany, France, Sweden, and Switzerland, with the help of its Stellar Lumens ETP. The continuous development of the company facilitates its strategies of integrating the finest digital resources within the mainstream financial system.
The native token, XLM, has been under short-term market pressure, declining by 17% in the past month. Analysts consider this launch a long-term strategic decision, which enhances both Stellar and WisdomTree in the growing use of blockchain-based financial solutions in Europe's institutional investment sector.
Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.