Bitwise Launches BWCC Canton ETP on Xetra With 0.85% Fee
Updated
Updated · Markets Media · May 26
Bitwise Launches BWCC Canton ETP on Xetra With 0.85% Fee
13 articles · Updated · Markets Media · May 26
Deutsche Börse Xetra began listing Bitwise’s BWCC on Tuesday, giving investors exchange-traded exposure to CC, the native token of the Canton Network.
BWCC tracks the Kaiko CANTO Reference Rate LDNLF index, is fully backed by CC tokens held in cold storage, and can be traded through regular brokerage accounts without a crypto wallet.
Canton Network is a privacy-enabled blockchain built for capital markets, designed to let institutions issue, trade and settle digital assets while keeping transaction details confidential.
Bitwise said the launch reflects rising demand for regulated digital-asset infrastructure in Europe; the firm manages more than $11 billion and has been expanding its regional crypto ETP lineup.
As a latecomer to Canton ETPs, how will Bitwise challenge 21Shares' established products in this niche institutional market?
With trillions in processed assets, what justifies Canton's $6.23 billion token valuation beyond institutional hype and future promises?
Can a 'privacy-first' blockchain for Wall Street truly balance institutional secrecy with the demands of global financial regulators?