Bitwise has launched the Bitwise Canton ETP on Deutsche Börse Xetra, giving European investors exchange-traded exposure to Canton Network’s native token, CC.
Summary
- Bitwise launched BWCC on Deutsche Börse Xetra, offering exchange-traded exposure to Canton Coin.
- The Canton ETP tracks Kaiko’s reference rate and carries a 0.85% annual fee.
- Related reports show 21Shares recently launched TCAN, giving U.S. investors Canton Coin ETF access.
The product trades under the ticker BWCC and carries the ISIN DE000A4ARTH9. In a Tuesday statement, Bitwise said BWCC tracks the Kaiko CANTO Reference Rate LDNLF index and carries a total expense ratio of 0.85% per year.
The firm added that the ETP is fully backed by CC tokens held in cold storage and can be bought or sold through traditional brokerage accounts without requiring investors to use a crypto wallet.
Canton targets capital markets
Canton Network is a privacy-enabled blockchain built for capital markets. Bitwise said the network was developed with participation from institutions including Goldman Sachs, BNP Paribas, Deutsche Börse, and Broadridge.
The network is designed to let financial institutions issue, trade, and settle assets digitally while keeping sensitive transaction details private. Bitwise said this differs from public blockchains where all activity is visible to all users.
Bradley Duke, Managing Director and Head of Europe at Bitwise, said “The Bitwise Canton ETP is a timely addition to our growing suite of European crypto ETPs.” He added that Canton combines privacy, interoperability, and programmability for institutional compliance needs.
U.S. Canton ETF adds context
The European listing comes weeks after 21Shares launched the 21Shares Canton Network ETF on Nasdaq under the ticker TCAN. As previously reported by crypto.news, TCAN gives U.S. investors exposure to Canton Coin through brokerage accounts rather than direct token custody.
TCAN began with a 0.50% gross expense ratio and an inception date of May 7, 2026. The same crypto.news report said Canton targets institutional settlement, privacy, and tokenized markets, with participation from banks and technology firms.
21Shares said institutions including Goldman Sachs, Microsoft, and Deutsche Bank had participated in Canton-related testing, validator activity, or governance work. 21Shares also said those names should not be treated as endorsements of TCAN, Canton Coin, or the network.
Institutional tokenization push grows
Canton has also gained attention from tokenization-focused investors. crypto.news recently reported that Canton price rallied after Societe Generale’s SG-FORGE deployed its regulated euro and dollar stablecoins on Canton for institutional collateral and repo financing use cases.
The same report said TCAN strengthened regulated access to Canton, while institutional demand helped CC break above $0.16 at the time. crypto.news data showed CC near $0.16 at press time, with a market cap of about $6.23 billion.
The BWCC launch now adds another regulated product for investors seeking exposure to blockchain infrastructure built for financial markets.
No Comment! Be the first one.