Bitwise Launches 4 Crypto ETFs on London Stock Exchange
In a landmark move for the UK’s digital asset market, Bitwise Asset Management, one of the world’s leading crypto index fund managers, has launched four new crypto exchange-traded products (ETPs) on the London Stock Exchange (LSE) a first for the firm’s European expansion strategy.
The ETPs, which began trading today, will provide professional and institutional investors in the UK and Europe with direct exposure to top-tier digital assets, including Bitcoin, Ethereum, and diversified crypto index products, all under the regulated structure of traditional financial markets.
“We’re thrilled to bring our crypto investment strategies to the LSE,” said Matt Hougan, Chief Investment Officer at Bitwise. “This is an important milestone as we continue to build bridges between traditional finance and the digital asset ecosystem in Europe.”
The four ETPs include:
- Bitwise Bitcoin ETP (BITB)
- Bitwise Ethereum ETP (BITE)
- Bitwise 10 Crypto Index ETP (BIT10)
- Bitwise Web3 ETP (WEB3)
These products are listed in both USD and GBP denominations, enabling UK-based investors to gain efficient, transparent, and liquid exposure to crypto markets without the operational risks of self-custody.
Why This Matters
Bitwise’s expansion into London comes at a time of increased appetite for digital asset exposure among UK institutions. With crypto adoption among hedge funds, pension funds, and family offices steadily growing, the presence of regulated, exchange-listed ETPs is considered a crucial step forward for mainstream integration.
“Europe is rapidly becoming the battleground for institutional crypto investing,” said Jessica Baird, a digital asset strategist at London-based FinEdge Capital. “The LSE listing gives Bitwise access to a deep pool of capital and provides the UK a competitive edge in the global crypto race.”
The move also puts London in direct competition with Frankfurt and Zurich, which have already established themselves as crypto ETP hubs on the continent. Bitwise joins a small but growing group of firms, including 21Shares and WisdomTree, offering crypto products on European exchanges.
Investor Outlook
The launch comes amid a broader shift in regulatory posture across Europe, with frameworks like the EU’s MiCA (Markets in Crypto-Assets Regulation) providing much-needed clarity for asset managers looking to expand crypto offerings.
Despite the current exclusion of retail investors from trading these Bitwise ETPs due to UK restrictions on crypto derivatives and ETPs, industry voices anticipate the eventual granting of broader access.
“This is just the beginning,” said Hougan. “Our goal is to create world-class crypto investment products for investors across Europe. The LSE is a perfect venue for that vision.”
Bitwise's debut on the London Stock Exchange marked a significant milestone, not only for the company but also for the city's aspiration to become a global hub for crypto finance, as traditional finance continues to embrace cryptocurrency.