Bitwise lists four crypto ETPs on London stock exchange
Bitwise has introduced four exchange-traded products (ETPs) on the London Stock Exchange, including products focused on Bitcoin and Ethereum. The offerings comprise the Bitwise Core Bitcoin ETP, Bitwise Physical Bitcoin ETP, Bitwise Physical Ethereum ETP, and Bitwise Ethereum Staking ETP, catering exclusively to accredited institutional or qualified investors; retail investors are not permitted to participate. This move is part of Bitwise's broader strategy to enhance its presence in the European market as interest in cryptocurrency among institutional investors surges. Following regulatory shifts in the US, multiple asset managers, including Bitwise, are actively pursuing crypto investment vehicles. Additionally, the resignation of SEC Chairman Gary Gensler has prompted a wave of filings from firms anticipating a more favorable regulatory landscape. As crypto ETFs potentially stabilize price volatility by attracting institutional inflows, Bitwise's initiatives underscore the growing acceptance of digital assets in conventional financial markets.
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