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Business Wire
1 year ago
Bitwise Expands Into Europe With Acquisition of ETC Group, Issuer of the Largest Physical Bitcoin ETP in Europe (BTCE)
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management today announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks Bitwise's expansion into Europe and adds nine European-listed crypto ETPs to Bitwise's broad suite of ETPs, hedge fund solutions, and separately managed accounts. Founded in 2019, ETC Group's ETP suite includes the largest and most heavily traded physical Bitcoin ETP (BTCE), Ethereum with staking (.