- Four Bitwise crypto ETPs are listed on the LSE for institutional investors.
- Bitwise offers low-cost, high-liquidity Bitcoin and Ethereum ETPs.
- LSE listing enhances access to cryptocurrency products across Europe.
Bitwise has listed four crypto exchange-traded products (ETPs) on the London Stock Exchange (LSE). These investment products provide institutional investors with direct exposure to Bitcoin, Ethereum, and Ethereum staking. This listing strengthens Bitwise’s position in Europe’s crypto investment market.
The ETPs consist of two Bitcoin products, an Ethereum product, and an Ethereum staking ETP. These products are only available to professional and wholesale investors in the United Kingdom. Their availability on the LSE provides easier access for professional traders across Europe.
Each ETP focuses on transparent pricing and low cost to meet the needs of institutional investors. Additionally, the products provide clear guidelines for institutional investors. Bitwise continues to expand its presence in the European market while it prepares for long-term growth.
Bitwise Bitcoin ETPs
The listed products include Bitwise Core Bitcoin ETP (BTC1), which offers a low Total Expense Ratio of 0.20%. The product promotes long-term investment because its NAV calculations are performed three times each day based on global market data. Moreover, it provides a long-term solution for primary market liquidity so investors can easily execute big trades.
The Bitwise Physical Bitcoin ETP (BTCE) is one of the most liquid Bitcoin investment products in Europe. This product has been traded on XETRA since 2020 and demonstrates solid asset under management performance. BTCE provides short-term and mid-term Bitcoin exposure to investors because of its low bid-ask spreads.
Bitwise Ethereum Products
The Bitwise Physical Ethereum ETP (ZETH) provides investors with direct exposure to Ethereum through cold-storage custody and independent trustee protection. The product provides investors with secure and transparent exposure to Ethereum. This ETP meets institutional standards and minimizes risks related to third parties.
The Bitwise Ethereum Staking ETP (ET32) accumulates daily staking rewards. The product aims to deliver low-cost ownership expenses and liquidity options. Additionally, the product tracks an actual benchmark, which allows users to measure performance with market standards.
Bitwise Expands Crypto Investment Products Portfolio
The LSE listing enables Bitwise to expand its business scope and provide secure crypto exposure to institutional investors. The European ETPs can now be traded on one of the top financial platforms in Europe. This achievement marks a major milestone in the integration of traditional finance with regulated cryptocurrency markets.
Bitwise’s approach seeks to meet the increased institutional demand for reliable, low-cost crypto investment products. The firm designs its products with deep expertise in both cryptocurrency and traditional finance. Bitwise offers regulated, transparent, and liquid crypto ETPs to boost adoption among professional investors.