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Market
What will be Bitwise's market share in European crypto ETPs post-acquisition by December 31, 2024?
2
Resolution / Starting Odds
Less than 10% • 25%
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Market reports from financial analysts, financial news outlets like Bloomberg or Reuters
Story
Bitwise Acquires ETC Group, Issuer of Largest Physical Bitcoin ETP in Europe
Aug 19, 2024, 01:14 PM
Bitwise Asset Management, a prominent crypto exchange-traded fund provider, has announced its acquisition of ETC Group, a digital-assets issuer based in London. ETC Group is known for creating Europe's largest physical Bitcoin exchange-traded product (ETP), BTCE. This acquisition is part of Bitwise's strategy to expand its presence in the European market and enhance its suite of crypto products. The move reflects a broader trend of consolidation within the ETF industry.
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