Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Product Philosophy

A professional approach to crypto asset management

At Bitwise, we continuously strive for best-in-class product quality, placing investors’ needs at the center of every decision. We believe our products should provide smart, convenient access to digital asset opportunities—through regulated platforms built on time-tested financial market infrastructure.

Every investor must ultimately make their own decision about the risks and opportunities of investing in crypto.

Bitwise launched its first European crypto ETP in 2020, at a time when interest in blockchain and digital assets was accelerating - as was demand for well-structured, accessible investment solutions. Drawing on our team’s deep roots in traditional financial markets, we aim to continuously design products with institutional-grade standards across custody, trading, regulation, and compliance. In a space as complex as crypto, every Bitwise ETP is built with structural safeguards and the transparency professional investors expect from products listed on regulated markets.

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Crypto exchange traded products (ETPs) can be the right fit for investors who prefer not to hold accounts on crypto exchanges, prefer not to manage their own blockchain wallets or who simply want to keep their crypto exposure alongside traditional assets in a standard securities account with their broker or bank.

Today, investors have more ways than ever to access crypto investment exposure - and just as many considerations to weigh. Bitwise serves private and professional investors alike, including financial advisors, institutions, broker-dealers, banks, family offices, and wealth managers - each with important responsibilities and high expectations. Our products are built specifically to meet those expectations.

Managing Risk

Here, we outline Bitwise’s professional approach to crypto asset management.

Bitwise safeguards client assets by partnering exclusively withregulated third-party institutional custodians. In Europe, Bitwise’s crypto ETPs utilize custody solutions from industry leaders such as Coinbase Custody Trust Company, Zodia Custody or BitGo Trust Company.

These custodians are either FCA-regulated and EU-compliant institutions, or New York State-chartered trusts, overseen by the New York State Department of Financial Services. All assets are held in fully segregated accounts and kept in cold-storage custody.

Bitwise does not lend any of the crypto assets held in its ETPs. As a crypto specialist asset manager, the firm conducts ongoing due diligence and monitoring of both existing and potential custody partners.
Bitwise issues its European crypto ETPs under a base prospectus approved by BaFin, the financial regulator of Germany, as well as a base prospectus approved by the UK FCA.

Operating within this regulatory framework reflects Bitwise’s commitment to transparency, governance, and investor protection, and ensures full alignment with EU and UK capital markets standards.

Bitwise maintains transparency and transaction integrity throughout its operational model.

Liquidity on-exchange is supported by Authorised Participants (APs)—regulated financial institutions within the EU and EEA. These APs use the creation/redemption mechanism with the issuer, ensuring that all crypto entering the structure originates from regulated and verified sources.

To strengthen this process, Bitwise uses Crystal Blockchain, a leading blockchain analytics tool, to monitor the origin and risk profile of incoming crypto. Crystal performs on-chain tracing, assigns risk scores based on known wallet associations, and flags suspicious activity in real time. This 24/7 monitoring helps maintain a compliant, transparent, and auditable framework for all inflows into the ETPs.

Bitwise’s ETP structure includes multiple layers of independent verification and control:

An independent administrator oversees holdings, custody activity, and issuance events. As outlined in the BaFin-approved base prospectus, the administrator also holds veto rights, providing a robust check on daily operations. This measure goes beyond EU Prospectus Regulation standards and reflects a heightened level of structural integrity and investor protection designed by Bitwise.

An independent trustee holds the security rights to the investors' crypto assets, and independent audit and tax firms perform annual audits of fund financials to ensure accuracy and regulatory compliance.
Bitwise’s team of over 115 professionals combines decades of experience across digital assets, traditional finance, regulation, and technology. Team members bring expertise from leading institutions such as BlackRock, Amundi, Meta, Google, German and Italian stock exchanges, and the U.S. Attorney’s Office. From navigating counterparty risk and asset selection to structuring regulated products and supporting financial advisors, a wide range of clients has chosen Bitwise as a partner - including institutions, wealth managers, family offices, banks, and broker-dealers across the U.S. and Europe.

Want to learn more?

Read about our continuous efforts around quality, safety and transparency:

Security at the Core of our Business

ISO 27001 certification

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Partners and Service Providers

Read about the Bitwise ETP Ecosystem

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Proof of Holdings

Read about Custody and Transparency of our AUM

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Welcome to Bitwise
Important Information – Please Read Before Proceeding

This website is operated by Bitwise Europe GmbH (“Bitwise”, “we”, “us”). The information on this website is intended for UK retail clients and other visitors in the United Kingdom. If you are not in the UK, local laws and rules may differ and the materials here may not be appropriate for you.

All content is provided for general information only. It does not constitute investment advice, tax or legal advice, an offer, or a solicitation to buy or sell any investment and must not be relied upon to make an investment decision. You should consider whether an investment is suitable for your circumstances and, where appropriate, seek independent professional advice.

Cryptoassets and crypto-linked products are high-risk. The FCA categorises retail crypto promotions as Restricted Mass Market Investments (RMMI). As such, additional prominence, risk-warning and risk-summary requirements apply to retail communications. You could lose all the money you invest.

Investments in cryptoassets or many crypto-linked products are generally not covered by the UK Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS). You should not expect to be protected if something goes wrong.

Access to certain pages, features, or transactions may be subject to client categorisation and appropriateness assessments required by FCA rules. We may ask you to complete checks or declarations before you can proceed.

Where this website contains a retail financial promotion for crypto or other RMMIs, you will see the FCA-prescribed risk warning and a link (“Take 2 mins to learn more”) to the FCA risk summary presented in a pop-up or dedicated page. For convenience, you can access that summary here at any time.

Where performance is shown, past performance is not a reliable indicator of future results. Any projections, targets, or forward-looking statements are inherently uncertain and may not be realised. Fees and expenses reduce returns.

Returns may be reduced by fees, charges, spreads, and taxes. Tax treatment depends on individual circumstances and may change. Seek professional advice if unsure.

Where a prospectus (including any base or supplemental prospectus) or KID/PRIIPs KIID or equivalent is provided, it is regulatory disclosure, not marketing. Those documents are generally outside the UK financial-promotion restriction.

In line with FCA rules for high-risk investments, we do not offer incentives to invest (e.g., refer-a-friend bonuses, monetary/non-monetary perks) in relation to retail crypto promotions.

External links are provided for convenience only. We do not control and are not responsible for third-party websites or their content. We take reasonable care to ensure accuracy but do not guarantee completeness, timeliness, or availability of the website or its contents; information may change without notice.

Our products or services may not be available in all jurisdictions or to all investors. Access may be restricted by law. You are responsible for understanding and complying with applicable laws and regulations.

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