Bitwise Launches Cryptocurrency ETPs in Sweden
Bitwise has made its debut in Sweden by introducing a suite of seven physically backed cryptocurrency exchange-traded products (ETPs) on Nasdaq Stockholm. This strategic move aims to increase regulated opportunities for local investors eager to engage with digital assets.
Overview of ETP Offerings
On January 14, Nasdaq announced Bitwise’s first ETP offerings on the Stockholm exchange, underscoring its commitment to penetrating one of Europe’s foremost markets for crypto ETPs. These products, all denominated in Swedish kronor, facilitate streamlined access for both retail and institutional investors, allowing them to invest in cryptocurrency via traditional brokerage accounts instead of relying on overseas exchanges.
Nasdaq emphasized that the new ETPs enhance their diverse assortment of digital asset investments, prioritizing transparency and cost-efficiency. Over recent years, the exchange has solidified its status as a significant hub for cryptocurrency ETPs in Europe, particularly within the Nordic region, where the interest in regulated digital investments continues to surge.
Strategic Alignment with Swedish Market
The introduction of these products aligns with Bitwise’s strategy to engage more deeply with Swedish investors, and the firm asserted that these products meet rigorous institutional standards regarding custody, compliance, and reporting. Sweden is viewed as a favorable landscape for crypto ETPs, which have gained considerable traction and understanding among its investors.
Variety of Investment Approaches
The newly launched ETPs feature a variety of investment approaches, including single-asset options, staking products, and diversified asset baskets. Notable offerings include:
- Bitwise Physical Bitcoin ETP
- Bitwise Core Bitcoin ETP – designed for long-term investors with lower fees
- Ethereum ETP
- Staking product that provides on-chain rewards
- Solana staking ETP – reflecting an increasing interest in yield-generating cryptocurrency strategies
- Diaman Bitcoin Gold ETP – offers dual exposure to Bitcoin and gold
- MSCI Digital Assets Select 20 ETP – tracks a collection of major digital assets
All ETPs are physically backed, meaning actual cryptocurrencies are held in custody rather than being exposed through derivatives.
Future Outlook
As competition intensifies within the Nordic crypto ETP landscape, several new products have emerged on Nasdaq Stockholm over the past year, covering various assets like Bitcoin, Solana, XRP, and AI-linked tokens. With more than $15 billion in assets under management globally, Bitwise is poised to leverage these new listings as part of its broader initiative to expand regulated crypto investment opportunities in Europe. Given the sustained institutional demand in the region, Nasdaq Stockholm is anticipated to continue hosting fresh crypto ETP launches well into 2026.
