#binance #hype #zec #near
26/05/26 08:02 UTC-04

Bitwise Launches Canton Network-Based Fund in Europe

  • Bitwise has expanded its basket of exchange-traded products in Europe.
  • The company has launched a fund based on Canton (CC).
  • It is a layer-1 blockchain specialised for institutional clients.
  • It is traded on Deutsche Börse Xetra under the ticker BWCC.

Bitwise has announced the launch of the new Bitwise Canton ETP on Deutsche Börse Xetra. The product is designed to provide investors with direct exposure to Canton (CC), the blockchain’s native token.

As a reminder, Canton Network is a public layer-1 blockchain focused on institutional clients. The network combines privacy with compliance requirements and high scalability. The project is governed by the Canton Foundation, with major financial institutions participating as validators.

Bitwise Canton ETP is intended to provide direct exposure to the CC coin amid growing participation by major counterparties in this ecosystem. The provider will track the asset’s value using the Kaiko CANTO Reference Rate LDNLF benchmark.

Bradley Duke, Managing Director and Head of Bitwise Europe, noted that the new fund is an addition to the basket of cryptocurrency ETFs in Europe.

“The Canton network stands out as a blockchain platform built from the ground up for global financial markets, combining privacy, interoperability and programmability in a way specifically designed to meet institutional compliance requirements. As the tokenisation of financial assets continues to gain momentum, Canton’s infrastructure positions it as a significant player in digital financial markets,” he said.

According to the official website, the product trades under the ticker BWCC. Total assets under management already amount to $120,000. At the same time, the company has set a relatively low fee of 0.85%.

It should be noted that this is not the only exchange-traded fund based on the coin. There are two more products from 21Shares — Canton Network ETP and Canton Network ETF in Europe and the United States, respectively. Their fees are even lower.

Bitwise also plans to launch an ETF based on the HYPE coin of the Hyperliquid network. The asset previously reached a new all-time high, partly amid an inflow of institutional capital.

See also: "Bitcoin ETFs Lost $1.26 Billion While XRP and HYPE Funds Attracted Fresh Investments"

#Bitwise #crypto funds

Editor: Alyona Nabok
Comments

Similar

02/06/26 04:42 UTC-04

New Grayscale HYPE Fund May Enter the Market

Grayscale may soon launch a new exchange-traded fund (ETF) in the United States linked to the Hyperliquid ($HYPE) token. This possibility emerged after recent updates to the company's registration documents, which caught the attention of Bloomberg ETF analyst James Seyffart.

29/05/26 13:16 UTC-04

Bitwise says Hyperliquid is targeting a $600 trillion market as the platform expands beyond crypto

Hyperliquid is attracting attention from both crypto investors and traditional financial institutions as the platform expands its product range beyond digital assets. According to recent comments from Bitwise Chief Investment Officer Matt Hougan, many market participants continue to underestimate the scale of the opportunity Hyperliquid is pursuing and how its native token $HYPE derives value from platform activity.

18/05/26 08:25 UTC-04

Japanese Companies SBI and Rakuten Are Creating Their Own Crypto Funds

According to Nikkei Asia, the two largest Japanese online brokerage firms are developing their own cryptocurrency-based investment funds and plan to sell them to retail investors. SBI Securities will distribute funds created by its subsidiary SBI Global Asset Management. The fund lineup will include both ETFs and investment trusts linked to liquid assets such as Bitcoin and Ether.

07/05/26 16:50 UTC-04

Bitwise Enters the Tokenized Fund Market by Acquiring USCC for $278 Million

Bitwise Asset Management is entering the tokenized fund market by acquiring USCC, a crypto fund with a portfolio valued at $277.8 million that will retain its ticker, smart contracts, and token address. The move allows Bitwise to launch its first tokenized fund, while Superstate will continue supporting the blockchain infrastructure.