Bitwise Launches Innovative BTC and ETH ETPs on London, Eyes ETF Expansion for DOGE and APT
16.04.2025 19:36
Asset manager Bitwise has listed four new crypto exchange-traded products (ETPs) on the London Stock Exchange, featuring both Bitcoin (BTC) and Ethereum (ETH) in various forms including physical and staking products. These offerings, which are available exclusively to institutional or otherwise-qualified investors, underscore a strategic push towards greater crypto legitimacy in the global financial landscape. In related developments, Bitwise is advancing additional investment vehicles. Its combined BTC and ETH ETF received preliminary SEC approval earlier this year, though final approval is pending. Moreover, a recent NYSE application proposes a Bitwise Dogecoin ETF, potentially marking the first ETF for a memecoin if approved, while a separate filing for an Aptos (APT) ETF aims to broaden investor exposure to high-throughput blockchain assets. Bitwise CIO Matt Hougan has predicted that Bitcoin ETFs could attract up to $50 billion in inflows during 2025, suggesting that institutional demand may significantly stabilize market volatility and drive mainstream adoption.
The listing of multiple Bitcoin ETPs is expected to boost BTC's credibility and attract institutional inflows. The additional potential via a combined BTC/ETH ETF, pending final SEC approval, could lead to immediate buying pressure and sustained long-term support, mirroring historical trends when institutional capital enters the market.
Ethereum benefits from both physical and staking ETP offerings, enhancing its utility and appeal to institutional investors. Its inclusion in a combined ETF product, together with increased market legitimacy, is likely to drive steady demand and price appreciation over both the short and long term.
Dogecoin stands to gain if the proposed ETF on the NYSE is approved, as it would be the first memecoin to secure such a listing. The potential influx of institutional interest could generate speculative buying and a notable price rally, particularly in the near term, based on analogous market events.
Aptos, with its proposed ETF filing, may attract specialized institutional investors looking to diversify into high-throughput blockchain assets. Although the impact might be more gradual compared to BTC and ETH, increased investor attention and long-term sector growth are likely to support sustained price gains.
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