#Binance #Aptos A Spanish bank has decided to allocate 2% of its assets to the exchange-traded product (ETP) Staking Aptos. This news was announced by Hunter Horsley, CEO of Bitwise. He stated that the adoption of digital currencies is increasing with the entry of informed investors in traditional financial institutions. This investment was made through one of the bank's funds and the name of the bank has not been revealed yet.
In November, Bitwise launched the first Aptos staking ETP on the Swiss exchange. This product is designed with an expected return of 4.7% through staking Aptos APT tokens. However, the price of Aptos has not increased significantly and has grown only 1.4% in the last week.
This action shows the increase of trust of traditional financial institutions in digital currencies and is considered an important step towards the wider acceptance of these assets.
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