PANews reported on October 14th that, according to CoinDesk, asset management company WisdomTree has launched the "WisdomTree Physical Stellar Lumens ETP" in Europe. This is the first physically-backed Stellar (XLM) exchange-traded product, with a management fee of 0.50%. The ETP is already listed on the SIX Swiss Exchange and Euronext Paris and Amsterdam, and will be listed on Xetra Germany on October 15th. WisdomTree claims this product is the lowest-cost physical XLM ETP in Europe, designed to provide institutions with compliant investment access to the Stellar network's native assets. The Stellar network, renowned for its efficient cross-border payments and tokenized asset issuance, currently partners with over 69 regulated financial institutions globally.PANews reported on October 14th that, according to CoinDesk, asset management company WisdomTree has launched the "WisdomTree Physical Stellar Lumens ETP" in Europe. This is the first physically-backed Stellar (XLM) exchange-traded product, with a management fee of 0.50%. The ETP is already listed on the SIX Swiss Exchange and Euronext Paris and Amsterdam, and will be listed on Xetra Germany on October 15th. WisdomTree claims this product is the lowest-cost physical XLM ETP in Europe, designed to provide institutions with compliant investment access to the Stellar network's native assets. The Stellar network, renowned for its efficient cross-border payments and tokenized asset issuance, currently partners with over 69 regulated financial institutions globally.

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more