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Polkadot ETFs in Europe outperform Bitcoin, Ethereum, traditional finance
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Exchange-traded products (ETP) are the next big thing for many institutional cryptocurrency investors. In fact, crypto-ETFs have captured a huge share of the market within no time. In one such case, crypto-backed ETFs in America and Australia broke several records within days of trading.
Surprisingly, throughout October, the top 20 best-performing ETFs in the European market were the ones that were backed by cryptocurrencies. Natural gas and Brazilian exchange-traded funds (ETFs) were at the bottom of the list, compiled by Morning Star.
Interestingly, the top eight ETFs were backed by tokens of L-1 protocols like Polkadot and Ethereum. At the top was SEBA Polkadot ETC (SDOT), which was issued by SEBA Bank and began trading on the SIX Swiss
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