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.