ICP Added to ProShares CoinDesk Crypto 20 ETF Ahead of NYSE Listing

ICP, the native token of the Internet Computer Protocol, has been included in the ProShares CoinDesk Crypto 20 ETF, which is set to begin trading on the New York Stock Exchange. The ETF is designed to track a diversified basket of 20 major cryptocurrencies, offering investors exposure to the digital asset market in a regulated format.

The inclusion of ICP reflects growing interest in the token, which supports smart contracts and decentralised applications on the Internet Computer network. Investors will now be able to gain indirect exposure to ICP alongside other prominent cryptocurrencies within a single, exchange-traded product.

Industry observers note that ETFs like the ProShares CoinDesk Crypto 20 provide a structured way for institutional and retail investors to participate in crypto markets while mitigating some of the operational challenges of holding digital assets directly.

The listing is expected to broaden access to ICP and other cryptocurrencies, highlighting ongoing efforts to integrate digital assets into traditional financial markets.


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Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.

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