Asset manager Bitwise has expanded its European presence with the listing of four cryptocurrency exchange-traded products (ETPs) on the London Stock Exchange (LSE). The move comes amid growing institutional demand for regulated crypto exposure and evolving global regulatory dynamics.
According to Bitwise’s announcement, the newly listed products include:
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Bitwise Core Bitcoin ETP
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Bitwise Physical Bitcoin ETP
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Bitwise Physical Ethereum ETP
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Bitwise Ethereum Staking ETP
The ETPs will be available to institutional and qualified investors and are not open to retail traders. Bitwise’s latest move reinforces the firm’s broader strategy of expanding access to regulated digital asset investment vehicles across global markets.
Weekly Outflows Highlight Market Caution
Bitwise’s launch comes against the backdrop of continued capital outflows from crypto-related investment products. According to the latest data, digital asset funds saw $795 million in outflows last week, marking the third consecutive week of declines and bringing cumulative outflows since early February to $7.2 billion.
These outflows have nearly erased year-to-date (YTD) gains, with total net inflows now at just $165 million, down from billions earlier this year.
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Bitcoin was hit hardest, recording $751 million in outflows last week. Despite this, it still maintains $545 million in YTD inflows.
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Ethereum saw outflows of $37.6 million, while other major assets like Solana, Aave, and Sui also recorded minor losses.
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In contrast, some altcoins attracted modest inflows, led by XRP (+$3.5 million), with Ondo, Algorand, and Avalanche seeing slight gains.
While sentiment remains weak, a late-week market rebound following U.S. tariff adjustments helped lift assets under management (AuM) in crypto products by 8%, bringing the total to $130 billion, recovering from the lowest point since November 2024.
Uncertainty around global trade policy and macroeconomic conditions, especially after U.S. tariff adjustments, continues to weigh on investor confidence.
Bitwise CIO Matt Hougan has previously forecasted $50 billion in ETF inflows for Bitcoin in 2025, citing the stabilizing effect of institutional products in reducing volatility and bridging capital flows between traditional finance and digital assets.
