U.s.a.-based companies are increasingly list cryptocurrency-based investment products in Europe, with nugget manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP).

On December. two, WisdomTree listed its Crypto Mega Cap Equal Weight ETP on Euronext exchanges in Paris and Amsterdam.

Trading nether the ticker symbol MEGA, the investment product is backed past physical crypto assets including Bitcoin (BTC) and Ether (ETH) with a quarterly rebalance. Launched in November 2022, MEGA was previously listed on Deutsche Boerse's digital exchange Xetra and Swiss Half dozen exchange.

Apart from MEGA, WisdomTree also launched two more than crypto ETPs recently, including WisdomTree Crypto Market (BLOC) and WisdomTree Crypto Altcoin (WALT).

BLOC provides exposure to a basket of crypto assets representing 70% of the crypto market cap, including coins like BTC, Ether, Cardano (ADA), Bitcoin Cash (BCH) and others. WALT provides exposure to major coins excluding BTC and ETH and was designed for investors who already take exposure to the mega-cap coins. Both ETPs debuted on Boerse Xetra and SIX in late Nov 2022.

Related: Invesco launches spot Bitcoin ETP on Deutsche Borse

U.S. asset managers are increasingly listing their crypto investment products in Europe amid regulatory hurdles in the United States. Despite the U.S. Securities and Exchange Commission (SEC) having approved a number of BTC futures-based exchange-traded funds (ETFs) since October, U.S. investors have still been waiting for a spot BTC ETF.

The SEC delayed its conclusion on WisdomTree'due south Bitcoin ETF with a request for public feedback in July 2022 subsequently the business firm filed for the investment product in March.