Asset manager Bitwise has listed four Bitcoin (BTC) and Ether (ETH) exchange-traded products on the London Stock Exchange, expanding its presence in the European region.
The listings include 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 available to institutional or otherwise-qualified investors with an accreditation, and not open to retail investors.
Bitwise is applying to launch crypto investment vehicles as digital assets gain a greater foothold in global financial markets, attracting more institutional interest in crypto and increasing the legitimacy of the nascent asset class.
Bitwise expands ETF offerings following a regulatory shift in the US
The resignation of former Securities and Exchange Commission (SEC) Chairman Gary Gensler triggered a wave of crypto ETF applications in the United States.
Asset managers and crypto firms rushed to submit filings in anticipation of a relaxed regulatory regime once Gensler left the agency in January.
Bitwise’s BTC and ETH ETF, which gives investors exposure to both digital assets in a single investment vehicle, was granted preliminary approval by the SEC in January but still requires final approval before listing.
In March 2025, the New York Stock Exchange (NYSE) submitted an application for a rule change to list the Bitwise Dogecoin ETF on the US-based exchange.
If approved, Dogecoin (DOGE) would be the first memecoin with a US-listed investment vehicle and could attract more institutional inflows into the dog-themed social token.
Bitwise also filed for an Aptos ETF in March. The proposed Bitwise Aptos ETF will hold the native cryptocurrency of the high-throughput layer-1 blockchain, APT (APT), and will not feature staking rewards.
Bitwise CIO Matt Hougan predicted Bitcoin ETFs would attract $50 billion in inflows during 2025.
Institutional inflows into crypto ETFs act as a price stabilizer for digital assets with investment vehicles, lowering volatility through a pipeline siphoning capital from traditional investors in the stock market to cryptocurrencies.