Canaccord Wealth UK Enters Crypto Market with Bitwise Partnership

Canaccord Wealth UK has taken a step into the world of cryptocurrency investment by partnering with Bitwise Asset Management. The wealth manager will now offer its high-net-worth clients access to Bitcoin and Ethereum exchange-traded products (ETPs), expanding their portfolio options.

The new service, which is limited to 5% of client portfolios, utilizes a managed wealth structure to keep allocations in check. This approach aims to provide clients with exposure to the two largest digital assets without exposing them to significant volatility or risk.