2 days ago
Bitwise expands its exchange-traded products to the London Stock Exchange, but retail investors successful the United Kingdom stay locked out.
Asset manager Bitwise has listed 4 Bitcoin (BTC) and Ether (ETH) exchange-traded products connected the London Stock Exchange, expanding its beingness successful the European region.
The listings see the Bitwise Core Bitcoin ETP, the Bitwise Physical Bitcoin ETP, Bitwise's Physical Ethereum ETP, and the Bitwise Ethereum Staking ETP, according to the April 16 announcement.
The products are disposable to organization oregon otherwise-qualified investors with an accreditation, and not unfastened to retail investors.
Bitwise is applying to motorboat crypto concern vehicles arsenic integer assets summation a greater foothold successful planetary fiscal markets, attracting much organization involvement successful crypto and expanding the legitimacy of the nascent plus class.
Related: Bitwise doubles down connected $200K Bitcoin terms prediction amid commercialized tension
Bitwise expands ETF offerings pursuing a regulatory displacement successful the US
The resignation of erstwhile Securities and Exchange Commission (SEC) Chairman Gary Gensler triggered a question of crypto ETF applications successful the United States.
Asset managers and crypto firms rushed to taxable filings successful anticipation of a relaxed regulatory authorities erstwhile Gensler near the bureau successful January.
Bitwise's BTC and ETH ETF, which gives investors vulnerability to some integer assets successful a azygous concern vehicle, was granted preliminary support by the SEC successful January but inactive requires last support earlier listing.
In March 2025, the New York Stock Exchange (NYSE) submitted an exertion for a regularisation alteration to list the Bitwise Dogecoin ETF connected the US-based exchange.
If approved, Dogecoin (DOGE) would beryllium the archetypal memecoin with a US-listed concern conveyance and could pull much organization inflows into the dog-themed societal token.
Bitwise besides filed for an Aptos ETF successful March. The projected Bitwise Aptos ETF volition clasp the autochthonal cryptocurrency of the high-throughput layer-1 blockchain, APT (APT), and volition not diagnostic staking rewards.
Bitwise CIO Matt Hougan predicted Bitcoin ETFs would attract $50 cardinal successful inflows during 2025.
Institutional inflows into crypto ETFs enactment arsenic a terms stabilizer for integer assets with concern vehicles, lowering volatility done a pipeline siphoning superior from accepted investors successful the banal marketplace to cryptocurrencies.
Magazine: Bitcoin ETFs marque Coinbase a ‘honeypot’ for hackers and governments: Trezor CEO
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