Bitcoin News Today: Institutional Trust Meets Crypto as Bitwise Expands Regulated ETP Suite

Bitwise, a prominent digital asset management firm, has significantly expanded its cryptocurrency exchange-traded product (ETP) portfolio by listing five new ETPs on the SIX Swiss Exchange. The products include the Bitwise Core Bitcoin ETP, Ethereum Staking ETP, Solana Staking ETP, Physical XRP ETP, and the MSCI Digital Assets Select 20 ETP. This move enhances institutional and retail investor access to diversified crypto exposure within a regulated framework [1].

The newly launched ETPs represent a blend of staking and index-based products, offering investors a range of options to gain exposure to major crypto assets without the complexities of direct ownership. The Bitwise Core Bitcoin ETP provides a direct link to Bitcoin’s price, while the Ethereum and Solana staking ETPs allow investors to earn staking rewards through institutional-grade custodial solutions. The MSCI Digital Assets Select 20 ETP tracks a broad index of 20 selected digital assets, providing a more diversified approach to crypto investing [2].

This latest expansion brings the total number of Bitwise’s cryptocurrency ETPs listed on the SIX Swiss Exchange to ten, underscoring the firm’s growing influence in the crypto investment landscape. The SIX Swiss Exchange, known for its robust regulatory environment and transparency standards, serves as an ideal platform for regulated ETP offerings, potentially attracting a broader range of global investors [3].

The new products are fully collateralized by the underlying assets and held in secure institutional custody. This structure mitigates counterparty risk and ensures asset integrity, addressing key concerns that have historically hindered institutional adoption of crypto assets. By leveraging the Swiss regulatory infrastructure, Bitwise has positioned itself as a bridge between traditional finance and the rapidly evolving crypto market [1].

The timing of the launch is notable given the ongoing regulatory developments in the crypto sector, particularly in the United States. While the U.S. Securities and Exchange Commission (SEC) is working on its Spring 2025 regulatory agenda, Switzerland has maintained a more proactive and investor-protective stance, making it a strategic jurisdiction for ETP listings [1]. Additionally, recent market data indicates growing investor interest in crypto-related products, with XRP experiencing a net inflow of $16.78 million in the 24-hour period preceding the launch [1].

As the crypto asset management space continues to evolve, Bitwise’s latest product suite reflects a broader trend toward institutional-grade solutions tailored to a variety of investment strategies. With ten ETPs now listed on the SIX Swiss Exchange, the firm is reinforcing its position as a key player in the development of regulated crypto investment vehicles.

Source:

[1] ChainCatcher (https://www.chaincatcher.com/en/article/2203257)

[2] Citywire (https://citywire.com/selector/news/bitwise-expands-crypto-etp-offering-with-swiss-listings/a2473262)

[3] Odaily (https://www.odaily.news/en/newsflash/446588)