Bitwise Launches Seven Physically Backed Crypto ETPs on Nasdaq Stockholm
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 3h ago- Market Entry: Bitwise has launched seven physically backed crypto ETPs on Nasdaq Stockholm, marking its first entry into the Swedish market and enhancing regulated access to digital assets for local investors.
- Product Diversity: The newly listed products include various digital assets such as Bitcoin, Ethereum, and Solana, all traded in Swedish kronor, making it easier for both retail and institutional investors to gain exposure using traditional brokerage accounts.
- Market Competition: As competition in the Nordic crypto ETP market intensifies, Bitwise enters with over $15 billion in assets under management globally, planning to further expand its presence in Europe over the coming years.
- Strategic Goals: This launch reflects Bitwise's intention to work more closely with local investors, with all products designed to meet institutional requirements for custody, reporting, and compliance, which is expected to drive demand for crypto investments in Sweden.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
