Key Takeaways
- Bitwise listed 4 Bitcoin and Ethereum ETPs on the London Inventory Trade.
- BTC1 is Europe’s most cost-efficient Bitcoin ETP with a 0.20% TER.
- BTCE holds $1.1 billion and has returned 695.7% since 2020.
Bitwise Asset Administration has listed 4 of its German-issued cryptocurrency exchange-traded merchandise (ETPs) on the London Inventory Trade, providing skilled traders within the UK entry to Bitcoin, Ethereum, and Ethereum staking.
Product lineup
The 4 ETPs embody the Bitwise Core Bitcoin ETP (BTC1), Bitwise Bodily Bitcoin ETP (BTCE), Bitwise Bodily Ethereum ETP (ZETH), and Bitwise Ethereum Staking ETP (ET32).
These merchandise are regulated, designed for institutional use, and observe BaFin-approved prospectuses.
Strategic development
The launch comes after Bitwise’s 2024 acquisition of ETC Group, which expanded its European product choices.
BTC1, launched in April 2024, is Europe’s most cost-efficient Bitcoin ETP with a complete expense ratio of 0.20%.
It makes use of a “Triple-Every day NAV” system sourcing liquidity from Hong Kong, the EU, and the U.S., and has returned 33.9% since launch.
Flagship Bitcoin product
BTCE is the agency’s flagship Bitcoin product, with $1.1 billion in belongings beneath administration and a 695.7% return since 2020.
Additionally it is Europe’s most liquid Bitcoin ETP.
Ethereum merchandise efficiency
ZETH provides pure Ethereum publicity with chilly storage custody however has declined 53.2% in 2025.
In the meantime, ET32 — the one Ethereum staking ETP tied to a benchmark — supplies day by day staking rewards however has dropped 40.6% since launching in 2024.
Funding restrictions
Although listed on a top-tier trade, these ETPs are at the moment obtainable solely to skilled and wholesale traders within the UK.
Bitwise warns of the volatility and dangers tied to such merchandise, notably in unsure market situations.