- Bitwise provides London as buying and selling hub for 4 of its European merchandise, offering access to its best-in-class crypto ETPs for UK skilled traders.
- Merchandise to be traded at LSE embrace Bitwise Core Bitcoin ETP, Europe’s solely Bitcoin ETP with prolonged main market liquidity window and 0,20% TER, and the Bitwise Bodily Bitcoin ETP with roughly 5-year track-record.
- LSE is premier buying and selling venue for ETPs in Europe, with members of greater than 20 international locations having access to its order books
April 16, 2025. Frankfurt, London: Bitwise has listed 4 of its Germany-issued crypto Trade Traded Merchandise (ETPs) on the London Inventory Trade (LSE), increasing access to its institutional-grade product suite for Bitcoin and Ethereum traders, and widening its footprint throughout European markets. The lineup consists of BTC1, the Bitwise Core Bitcoin ETP, one in every of Europe’s most cost-efficient Bitcoin ETPs with a complete expense ratio (TER) of simply 0.20% and the Bitwise Bodily Bitcoin ETP, which has a five-year monitor report and ranks as Europe’s most liquid Bitcoin ETP. Whereas these merchandise stay restricted to skilled and wholesale traders within the UK, the London itemizing considerably improves access for certified market individuals. Bitwise is a pure-play digital asset supervisor, but our ETPs are designed by specialists with deep experience in each digital belongings and conventional monetary markets—making them ideally suited to the wants of institutional traders.
Bradley Duke, Managing Director, Head of Bitwise Europe, stated: “I’m more than happy to see the debut listings of Bitwise merchandise on the London Inventory Trade, one in every of Europe’s most esteemed buying and selling venues. Investing in crypto is quickly changing into mainstream and institutional traders more and more allocate digital belongings to their portfolios. Bitwise presents safe, clear, and best-in-class crypto funding merchandise, supported by a crew with professional information of the market and the wants of institutional traders. We will proceed to innovate our product vary, in dialogue with traders to carry merchandise that swimsuit their wants on this quickly creating asset class.
The 4 merchandise listed in London as of 15 April are:
- The Bitwise Core Bitcoin ETP (BTC1, ISIN: DE000A4AER62), a cost-efficient Bitcoin ETP choice with out payment holidays, with a TER of 0.20% per yr, making it preferrred for strategic allocations. The product is designed for long-term institutional traders looking for price effectivity and benchmark reliability. The NAV is calculated 3 times each day utilizing Bitwise’s distinctive Triple-Each day NAV Methodology, which integrates main market liquidity from Hong Kong, the European Union, and america.
- The Bitwise Bodily Bitcoin ETP (BTCE, ISIN: DE000A27Z304) essentially the most liquid crypto ETP on the XETRA buying and selling platform of Deutsche Börse, with one of many lowest bid-ask spreads, and the second-highest belongings underneath administration (AUM) of any bodily Bitcoin ETP in Europe. It’s usually utilized by merchants and short- to mid-term traders on the lookout for versatile publicity to Bitcoin. Launched in June 2020 as the primary ever crypto ETP on the German inventory trade in Frankfurt, BTCE is without doubt one of the largest Bitcoin merchandise by way of belongings underneath administration in Europe.
- The Bitwise Bodily Ethereum ETP (ZETH, ISIN: DE000A3GMKD7), an institutional-grade Ethereum product that offers traders pure publicity to Ethereum efficiency, outfitted with institutional-grade custody. The belongings backing the ETP are stored in cold-storage, and are secured by an unbiased trustee, thus mitigating issuer default danger.
- The Bitwise Ethereum Staking ETP (ET32, ISIN: DE000A3G90G9), an institutional-grade, low price, and liquid car with staking rewards accumulating within the ETP each day leveraging ETH staking for optimum investor final result. It has seen constant optimistic internet inflows whereas sustaining aggressive bid-ask spreads, and goals at providing the bottom whole price of possession amongst ETH Staking ETPs. As the one ETH staking ETP tied to an actual benchmark, it allows traders to precisely consider Ethereum staking alternatives and clearly assess efficiency in opposition to business requirements.
Bitwise has accelerated its actions in Europe since its acquisition of ETC Group final yr, persevering with to launch revolutionary new merchandise often, such because the Bitwise Solana Staking ETP in November 2024, the Bitwise Aptos Staking ETP in December and the Bitwise Diaman Bitcoin & Gold ETP simply final month. Its merchandise commerce on a number of of Europe’s largest inventory exchanges. Dedicated to transparency, professional product design, and skilled administration, Bitwise steadily publishes crypto analysis and market insights to educate and inform traders of the rising alternatives within the digital belongings house.
Bitwise allows traders to achieve publicity to digital belongings with out the necessity for a crypto pockets, as our ETPs commerce on regulated exchanges, similar to conventional shares or ETFs. Every ETP is absolutely backed by the corresponding digital asset, securely held in institutional-grade cold-storage custody. Structurally comparable to treasured steel ETCs, Bitwise’s crypto ETPs additionally characteristic a bodily redemption mechanism. Investor safety is additional enhanced by the presence of an unbiased trustee and an audited issuer construction, making certain that the underlying belongings are held off the issuer’s stability sheet, thereby minimizing insolvency danger. Bitwise ETPs could be seamlessly built-in into normal brokerage or ETF portfolio accounts and are sometimes eligible for SIPP and ISA inclusion, making them accessible for long-term funding planning within the UK.
LSE Listed ETPs Buying and selling Info
About Bitwise
Bitwise is without doubt one of the world’s main crypto specialist asset managers. Hundreds of monetary advisors, household places of work, and institutional traders throughout the globe have partnered with us to perceive and access the alternatives in crypto. Since 2017, Bitwise has established a monitor report of excellence, managing a broad suite of index and lively options throughout ETPs, individually managed accounts, non-public funds, and hedge fund methods – spanning each the U.S. and Europe.
In Europe, for the previous 4 years Bitwise (previously ETC Group) has developed an in depth and revolutionary suite of crypto ETPs, together with Europe’s most traded bitcoin ETP, or the primary diversified Crypto Basket ETP replicating an MSCI digital belongings index.
This household of crypto ETPs is domiciled in Germany and issued underneath a base prospectus permitted by BaFin. We completely associate with respected entities from the normal monetary business, making certain that 100% of the belongings are securely saved offline (chilly storage) by regulated custodians.
Our European merchandise comprise a group of fastidiously designed monetary devices that seamlessly combine into any skilled portfolio, offering complete publicity to crypto as an asset class. Access is easy through main European inventory exchanges, with main listings on Xetra, essentially the most liquid trade for ETF buying and selling in Europe. Retail traders profit from straightforward access by quite a few DIY/on-line brokers, coupled with our sturdy and safe bodily ETP construction, which features a redemption characteristic. For extra info, go to www.bitwiseinvestments.com/eu
Media contacts:
JEA Associates
John McLeod
00 44 7886 920436
john@jeaassociates.com
Vital info
This press launch doesn’t represent funding recommendation, nor does it represent a suggestion or solicitation to purchase monetary merchandise. This press launch is issued by Bitwise Europe GmbH (“BEU”), a restricted firm domiciled in Germany, for info solely and in accordance with all relevant legal guidelines and laws. BEU offers no specific or implicit assurance or assure relating to the equity, accuracy, completeness, or correctness of this text or the opinions contained therein. It’s suggested not to depend on the equity, accuracy, completeness, or correctness of this text or the opinions contained therein. Please notice that this text is neither funding recommendation nor a suggestion or solicitation to purchase monetary merchandise or cryptocurrencies.
Earlier than investing in crypto Trade Traded Merchandise (“ETPs”), potential traders ought to think about the next:
Potential traders ought to search unbiased recommendation and think about related info contained within the base prospectus and the ultimate phrases for the ETPs, particularly the danger elements. ETPs issued by BEU are appropriate just for individuals skilled in investing in cryptocurrencies and dangers of investing could be discovered within the prospectus and closing phrases out there on www.bitwiseinvestments.com./eu. The invested capital is in danger, and losses up to the quantity invested are doable. ETPs backed by cryptocurrencies are extremely risky belongings and efficiency is unpredictable. Previous efficiency will not be a dependable indicator of future efficiency. The market value of ETPs will differ and they don’t supply a set revenue or match exactly the efficiency of the underlying cryptocurrency. Investing in ETPs entails quite a few dangers together with basic market dangers relating to underlying, adversarial value actions, forex, liquidity, operational, authorized and regulatory dangers.
