Bitwise Lists Seven Crypto ETPs on Nasdaq Stockholm

• Nasdaq revealed that new products add depth to its surging range of digital asset investments, aiming for transparency and cost efficiency. 
• As per Bitwise, Sweden is different from other markets, as crypto ETPs are so far well understood and widely used there.

Bitwise has successfully set its foot into Sweden by listing seven physically supported crypto exchange-traded products on Nasdaq Stockholm, stretching regulated access to digital assets for local investors. 

On January 14, the firm publicised its listings on Nasdaq, naming the first ETP launch of Bitwise on the Stockholm exchange and its official entry into one of Europe’s most active crypto ETP markets. 

All the publicised ETPs are traded in Swedish kronor, making it easy for both retail and institutional investors to have crypto exposure using traditional broking accounts, without shifting to overseas platforms. 

Nasdaq revealed that new products add depth to its surging range of digital asset investments, aiming for transparency and cost efficiency. In the past few years, the exchange has become an integral point for crypto ETPs in Europe, mainly in the Nordic region, where demand for regulated products has always been robust. 

Bitwise revealed the roll-out indicates its intention to work more closely with local investors. The firm mentioned that the products are made to meet institutional needs for custody, reporting and compliance. 

Different ETPs in The Market 

As per Bitwise, Sweden is different from other markets, as crypto ETPs are so far well understood and widely used there. This new listing adds single-asset ETPs, staking-focused products, and diversified baskets. 

Among all the ETPs, the Bitwise Physical Bitcoin ETP and the Bitwise Core Bitcoin ETP have been designed for long-term investors, having a lower fee structure. Investors can also get access to Ethereum via a physical Ethereum ETP and an Ethereum staking product that includes on-chain rewards. 

Bitwise has also included a Solana staking ETP, showing increasing interest in yield-generating cryptocurrency strategies. The Diaman Bitcoin Gold ETP offers Bitcoin and gold in a single product. 

At the same time, the MSCI Digital Assets Select 20 ETP, which helps in keeping track of prominent digital assets, is also added up in the range. As all ETPs are not physically supported, the prominent cryptocurrency assets are not specified via derivatives but instead kept in custody. 

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