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Bitwise debuts Canton Network ETP on Deutsche Börse Xetra

The Block
Bitwise has launched a new exchange-traded product tracking the native token of the institutional-grade Canton Network on Germany's Xetra exchange.

Summary

Asset manager Bitwise has introduced the Bitwise Canton ETP (BWCC) on Deutsche Börse Xetra, offering investors exposure to the native token of the Canton Network. The product, which carries an expense ratio of 0.85%, is fully backed by tokens held in cold storage and allows for trading through traditional brokerage accounts. Canton Network, a permissioned blockchain designed for financial markets, is supported by major institutions including Goldman Sachs, BNP Paribas, and Deutsche Börse.

(Source:The Block)