Bitwise Introduces Four Crypto ETPs on the London Stock Exchange for Institutional Investors

Bitwise has listed four crypto ETPs on the London Stock Exchange, enhancing UK institutional investors’ access to Bitcoin and Ethereum products. Notable offerings include the Bitwise Core Bitcoin ETP and Bitwise Physical Bitcoin ETP, designed for efficiency and liquidity. Other products focus on Ethereum and staking, supporting institutional investment needs while ensuring secure custody and robust performance tracking.

Bitwise has announced the listing of four of its Exchange Traded Products (ETPs) on the London Stock Exchange (LSE) as of April 15, 2025. This expansion allows institutional investors in the UK to access high-quality Bitcoin and Ethereum products. Included among the listings are the Bitwise Core Bitcoin ETP and Bitwise Physical Bitcoin ETP, both of which are designed to provide efficient access and liquidity for professional investors.

The Bitwise Core Bitcoin ETP (BTC1, ISIN: DE000A4AER62) boasts a total expense ratio (TER) of only 0.20%, positioning it as a cost-effective option for institutional investors. Its NAV is calculated thrice daily, ensuring reliability through primary market liquidity sources from Hong Kong, the EU, and the US. The Bitwise Physical Bitcoin ETP (BTCE, ISIN: DE000A27Z304) is noted for its low bid-ask spread and significant assets under management, making it suitable for both traders and mid-term investors.

For Ethereum investors, the listing includes the Bitwise Physical Ethereum ETP (ZETH, ISIN: DE000A3GMKD7) offering institutional-grade exposure with secure cold-storage custody. In addition, the Bitwise Ethereum Staking ETP (ET32, ISIN: DE000A3G90G9) accumulates staking rewards daily, targeting cost efficiency and liquidity for investors while tied to a live performance benchmark.

Bradley Duke, Managing Director of Bitwise Europe, highlighted the importance of the LSE as a premier trading venue for ETPs. He emphasised that the expansion reflects growing interest among institutional investors in crypto assets and Bitwise’s commitment to providing secure and transparent investment products.

Bitwise has been enhancing its operations in Europe since its acquisition of ETC Group, launching innovative ETPs like the Bitwise Solana Staking ETP and others in recent months. The proposed structure allows investors to access digital assets through regulated exchanges, similar to traditional equity investments, with all assets securely held in cold-storage custody.

The newly-listed ETPs are designed for inclusion in standard brokerage accounts and may be eligible for SIPP and ISA investments in the UK. The instruments include:
– Bitwise Core Bitcoin ETP (BTC1) – ISIN: DE000A4AER62
– Bitwise Physical Bitcoin ETP (BTCE) – ISIN: DE000A27Z304
– Bitwise Physical Ethereum ETP (ZETH) – ISIN: DE000A3GMKD7
– Bitwise Ethereum Staking ETP (ET32) – ISIN: DE000A3G90G9

Bitwise positions itself as a leading crypto fund manager, with a proven track record since 2017 in providing effective crypto investment solutions. The firm collaborates with reputable custodians and operates with a solid framework that prioritises security and investor education.