Bitwise Expands European Footprint with Five New Crypto ETPs on SIX Swiss Exchange
Bitwise Asset Management has significantly broadened its European presence by listing five flagship crypto exchange-traded products (ETPs) on the SIX Swiss Exchange. This strategic move offers investors diversified exposure to leading digital assets, including Bitcoin, Ethereum, Solana, and XRP, as well as a comprehensive index fund tracking the top 20 cryptocurrencies.
Introduction of Diverse Crypto ETPs
The newly listed ETPs encompass a range of digital assets and investment strategies. Among them are the Bitwise Core Bitcoin ETP, Ethereum Staking ETP, Solana Staking ETP, and Physical XRP ETP. Additionally, the MSCI Digital Assets Select 20 ETP provides investors with exposure to a diversified basket of the top 20 investable cryptocurrencies, reflecting the broader market’s performance.
Staking ETPs: Combining Exposure with Yield
Notably, the Ethereum and Solana Staking ETPs are designed to generate additional returns through staking mechanisms. By participating in the networks’ proof-of-stake protocols, these ETPs aim to provide investors with yield on top of potential capital appreciation, enhancing the attractiveness of these products in a yield-seeking investment environment.
Institutional-Grade Security and Transparency
Each of these ETPs is fully backed by the respective digital assets, held in institutional-grade cold storage custody. This structure ensures a high level of security and transparency, addressing common concerns among institutional investors regarding asset safety and regulatory compliance.
Strategic Expansion Amid Regulatory Developments
Bitwise’s expansion into the Swiss market aligns with the country’s progressive stance on digital assets. Switzerland has been at the forefront of crypto adoption, offering a clear regulatory framework that has attracted numerous crypto enterprises. The listing of these ETPs on the SIX Swiss Exchange provides both retail and institutional investors with regulated and straightforward access to the burgeoning crypto market.
Anticipating Broader European Access
The timing of these listings coincides with evolving regulatory landscapes across Europe. The United Kingdom is expected to ease access to crypto ETPs for retail investors by October 2025, and France is also considering regulatory adjustments to broaden distribution. These developments indicate a growing acceptance and integration of digital assets within traditional financial systems across the continent.
Bitwise’s Commitment to Innovation
Ronald Richter, Regional Director of Investment Strategy at Bitwise Europe, emphasized the significance of this expansion: “The five flagship products we have listed in Switzerland will broaden options for investors looking to benefit from the full potential of crypto markets. Europe is rapidly opening up for digital assets, and Switzerland is a leading and crucial market at the heart of the continent.”
Conclusion
Bitwise’s introduction of these five crypto ETPs on the SIX Swiss Exchange marks a pivotal step in bridging traditional finance with the digital asset ecosystem. By offering regulated, secure, and diversified investment vehicles, Bitwise is catering to the growing demand for crypto exposure among European investors. As regulatory environments continue to evolve favorably, such initiatives are likely to play a crucial role in the mainstream adoption of digital assets.
