Bitwise Physical Bitcoin ETC

The Bitwise Physical Bitcoin ETP (ticker: BTCE.SW) is a Germany-based exchange-traded product that provides investors with direct exposure to Bitcoin. Launched by ETC Group, BTCE is fully backed by Bitcoin, offering a secure and transparent way for investors to participate in the digital asset market. In August 2024, Bitwise Asset Management, a U.S.-based crypto fund manager, acquired ETC Group, marking its first expansion into the European market. This strategic move aimed to leverage Bitwise's expertise in digital assets to serve European investors and expand its product offerings. (ft.com)