Bitwise launches Canton ETP on Deutsche Börse Xetra

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Bitwise launches Canton ETP on Deutsche Börse Xetra
Crypto

The Manila times

Bitwise has launched the Bitwise Canton ETP (BWCC; ISIN DE000A4ARTH9) on Deutsche Börse Xetra to provide exchange-traded exposure to CC, the Canton Network native token, tracking the Kaiko CANTO Reference Rate LDNLF. Issued by Bitwise Europe GmbH and domiciled in Germany, the ETP is fully backed by CC tokens held in cold storage, charges a 0.85% annual management fee, and can be bought through a regular brokerage account without a crypto wallet. Canton is described as a privacy-enabled blockchain built for capital markets with participation from firms including Goldman Sachs and Deutsche Börse, and the launch widens regulated access while noting volatility, custody, and regulatory risks.

Bitwise launched BWCC ETP tracking CANTO with 0.85% TER.

Context

Asset managers have been launching regulated crypto ETPs in Europe. Bitwise expanded its…

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