Bitwise Lists Five New Crypto ETPs on SIX Swiss Exchange
On September 4, Bitwise Asset Management announced the listing of five new ETPs on the SIX Swiss Exchange:
- Bitwise Core Bitcoin ETP
- Ethereum Staking ETP
- Solana Staking ETP
- Physical XRP ETP
- MSCI Digital Assets Index tracking a select Top 20 Capped Index
These products are fully backed by digital assets and integrated into traditional brokerage portfolios. This move underscores Switzerland's regulatory openness, positioning it as a key hub for digital assets amidst rising corporate adoption.
Bitwise's recent growth includes surpassing $15 billion in client assets across 40 products, reflecting a 200% increase since October 2024. Demand for cryptocurrencies in Europe is increasing due to geopolitical tensions and economic uncertainties, leading investors to seek diversification.
The newly listed products include features such as:
- Institutional-grade custody
- Physical redemption mechanisms
- Transparent index methodologies compliant with regulatory standards
In parallel, high-risk investors are showing interest in presales like Maxi Doge (MAXIDOGE). Currently priced at $0.00025, it has raised $1.7 million of its $1.9 million target and offers up to 1000x leverage with no stop loss.
Regulatory developments in Europe, including new crypto-asset reporting rules in France, indicate a growing trend towards regulated crypto investment vehicles.