Bitwise Launches Blockchain-Backed ETP on Deutsche Börse

Bitwise Asset Management has introduced a new exchange-traded product (ETP) tied to the Canton Network's native token, CC. The ETP, trading on Deutsche Börse Xetra under the ticker BWCC, provides investors with regulated exposure to a blockchain platform designed specifically for banks and capital markets.

The launch of the Bitwise Canton ETP marks another step in the growing institutionalization of blockchain-based financial infrastructure. This move is part of an increasing trend where institutions are looking to issue, trade, and settle digital representations of traditional assets using tokenized finance.