Asset management firm WisdomTree has introduced Europe's first physically backed exchange-traded product (ETP) for Stellar Lumens (XLM), expanding its crypto offerings. The ETP, which debuted on October 14, 2025, is listed on the Swiss SIX Exchange, Euronext Paris, and Euronext Amsterdam, with a scheduled launch on Germany's Xetra on October 15.
The product charges a management fee of 0.50%, which WisdomTree claims is the lowest-cost physically backed lumens ETP in Europe. It is designed to provide institutional and professional investors with a compliant, secure way to gain exposure to XLM without direct custody management. Each share is fully collateralized by underlying lumens held in regulated custody accounts.
WisdomTree, which manages over $2 billion in crypto ETPs and globally oversees $140 billion in assets, reported that its European ETF and ETP range has surpassed $50 billion in assets under management, driven by $6 billion in net inflows year-to-date. Alexis Marinof, CEO of WisdomTree Europe, stated, "In 2024, we led the European market in crypto ETP inflows, and this momentum has continued in 2025 as we support clients with innovative, differentiated solutions."
The Stellar network, known for cross-border payments and tokenized asset issuance, partners with over 69 regulated financial institutions across more than 170 countries. Dovile Silenskyte, WisdomTree's director of digital assets research, highlighted that XLM has a fixed total supply of 50 billion and benefits from scarcity and monetary integrity.
Despite the positive news, XLM's price has declined 17.52% over 30 days, 6% in the last 24 hours, and 20.3% in the past week, trading around $0.3239. A crypto analyst noted that XLM's 2025 price pattern resembles the 2017 structure, which preceded a parabolic run, suggesting potential for a similar breakout based on historical technical analysis.
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