TL;DR
- Bitwise listed four new Bitcoin and Ethereum ETPs on the London Stock Exchange, available only to institutional investors in the UK.
- The products include physical and staking options, with securely custodied assets and low fees, integrable into traditional brokerage accounts.
- After acquiring ETC Group, Bitwise expanded its offering in Europe and is awaiting approval in the U.S. for Bitcoin, Ethereum, and Dogecoin ETFs.
Bitwise continues to grow its presence in European markets. The exchange listed four new exchange-traded products (ETPs) on the London Stock Exchange.
These products, designed exclusively for institutional and professional investors in the UK, offer direct exposure to Bitcoin and Ethereum without requiring the use of digital wallets. The exchange aims to provide access to the crypto market through regulated instruments that integrate into traditional brokerage accounts.
New Product Range
The new ETPs include the Core Bitcoin ETP, a low-cost option with a 0.20% annual fee and a valuation methodology updated three times per day. The lineup also includes the Physical Bitcoin ETP, launched in 2020, which remains one of the most liquid products in Europe and offers flexible exposure to Bitcoin’s price.
For Ethereum, Bitwise added two options: the Physical Ethereum ETP, backed by cold-stored assets and overseen by an independent trustee, and the Ethereum Staking ETP, which accumulates staking rewards daily and aims to minimize the total cost of investment.
With this expansion, Bitwise strengthens its suite of products across European exchanges. Although access in the UK is limited to accredited profiles, the inclusion of these ETPs in the LSE trading system improves availability for a broader base of qualified users.
Bitwise Awaits ETF Approval in the U.S.
Since acquiring ETC Group in 2024, the firm has accelerated the development of innovative products, including ETPs linked to Solana, Aptos, and a combined Bitcoin and gold product. All instruments are physically backed by underlying assets and structured to reduce issuer insolvency risk, featuring institutional custody mechanisms and audited structures that keep assets off the company’s balance sheet.
Meanwhile, Bitwise is still awaiting final approval for its combined Bitcoin and Ethereum ETF in the United States and continues to advance other projects like its proposed Dogecoin ETF, which, if approved, would be the first to list a memecoin on a U.S. exchange.
