Bitwise lists set of crypto ETPs on London Stock Exchange

Bitwise has today (16 April) listed four of its German crypto exchange-traded products (ETPs) on the London Stock Exchange.

They will only be available to institutional investors, who head of Bitwise Europe Bradley Duke said were increasingly allocating to the asset class.

“Investing in crypto is rapidly becoming mainstream and institutional investors increasingly allocate digital assets to their portfolios,” he added.

The longest-running ETP to become accessible to UK buyers today is Bitwise Physical Bitcoin, which has been available in Germany since mid-2020.

Its net asset value is up 695.7% in those five years since launch by providing physically-backed exposure to Bitcoin.

With a market value of $1.1bn in…

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