WisdomTree launches a new tokenized fund, introducing option payout strategies to the blockchain.
TL;DR
WisdomTree launches the EPXC tokenized fund, which tracks a put option strategy index and brings traditional options to blockchain, enabling investment by both institutional and retail investors, including crypto users.
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ChainCatcher reports that, according to Cointelegraph, global asset management firm WisdomTree has launched a new digital asset fund – the WisdomTree Equity Premium Income Digital Fund (token code EPXC, fund code WTPIX). This fund tracks the price and return performance of the Volos US Large Cap Target 2.5% PutWrite Index, introducing traditional options strategies to the blockchain and highlighting the trend of convergence between traditional asset management and blockchain financial infrastructure.
Its benchmark index simulates a systematic "put option" strategy, profiting by selling cash-backed put options. Instead of trading directly against the S&P 500 index, it uses a contract linked to the SPDR S&P 500 ETF Trust to act as the option seller and earn option premiums. The EPXC fund is open to both institutional and retail investors. Because the fund is tokenized, crypto-native users can also invest.