Bitwise Lists Suite of Crypto ETPs on London Stock Exchange

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Bitwise has expanded its European footprint by listing four cryptocurrency exchange-traded products (ETPs) on the London Stock Exchange (LSE) as of April 16. These offerings are exclusively tailored for institutional investors, reflecting the growing institutional adoption of digital assets.

Institutional-Grade Crypto Exposure

Bradley Duke, Head of Bitwise Europe, emphasized the mainstreaming of crypto investments:
"Institutional investors are increasingly allocating digital assets to their portfolios. Crypto is no longer a niche market—it’s a strategic asset class."

Key Listings Include:

  1. Bitwise Physical Bitcoin ETP

    • Launch: Available in Germany since mid-2020
    • Performance: +695.7% NAV growth since inception
    • AUM: $1.1 billion, ranking among Europe’s largest crypto ETPs
    • Use Case: Preferred by traders seeking physically backed Bitcoin exposure
  2. Bitwise Core Bitcoin ETP

    • Launch: April 2023 (Germany)
    • Performance: +33.9% since inception
  3. Bitwise Physical Ethereum ETP

    • Launch: Early 2021
    • Performance: -0.4% since launch; -53.2% in 2025
  4. Bitwise Ethereum Staking ETP

    • Launch: January 2023
    • Performance: -40.6% since inception

Why This Matters for Institutional Investors

Bitwise’s LSE listings address three critical institutional needs:

👉 Explore Bitwise’s institutional crypto solutions


FAQ Section

Q: Are these ETPs available to retail investors?
A: No, they’re exclusively for institutional clients due to regulatory and risk-profile considerations.

Q: How does physically backed Bitcoin exposure work?
A: Each ETP share is collateralized by actual Bitcoin held in secure custody, eliminating counterparty risk.

Q: Why has Ethereum underperformed Bitcoin in Bitwise’s ETPs?
A: Ethereum’s 2025 downturn reflects broader market trends, including layer-2 scaling challenges and regulatory uncertainty around PoS assets.


Future Product Roadmap

Bitwise plans to expand its ETP suite, as Duke noted:
"We’re committed to innovating alongside institutional demand—whether through new asset coverage or enhanced yield mechanisms."

👉 Stay updated on Bitwise’s crypto ETP developments


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