Welcome to Bitwise Asset Management on Directa

Bitwise is one of the world’s leading crypto specialist asset managers. In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s most traded physical bitcoin ETP, or the first diversified crypto basket ETP replicating an MSCI digital assets index.

This family of crypto ETPs is domiciled in Germany under a base prospectus approved by the German regulator. For more information, visit bitwiseinvestments.com

ETPs instead of wallets: the simple way to invest in crypto

With Bitwise, you can invest in Bitcoin and other cryptocurrencies as easily as you would in stocks or ETFs, directly from your regular brokerage account. Our ETPs are regulated, exchange-listed instruments, 100% backed by digital assets held in professional custody. There’s no need to open a wallet or manage private keys—we offer simple, secure access that complies with Italian tax regulations and integrates seamlessly into traditional portfolios. Our mission is to provide education, research, and reliable solutions to make cryptocurrency investing transparent, efficient, and free from technical complexity or hidden costs.

Our European Crypto ETPs comprise a collection of carefully designed financial instruments that seamlessly integrate into any portfolio, providing comprehensive exposure to crypto as an asset class.

Bitwise Crypto ETPs can be grouped into:

• Single-asset physical ETPs for delta-one exposure
• Diversified Index ETPs for broad market exposure
• Staking ETPs for additional returns

As per January 2025, Bitwise’s European offering consists of 10 Crypto ETPs:

Bitcoin ETPs

BTC1 | DE000A4AER62 | Bitwise Core Bitcoin ETP: BTC1 is a physically backed exchange-traded product designed for long-term Bitcoin investors. BTC1 is issued in Germany and tracks the CME CF Bitcoin Reference Rate benchmark. The ETP offers easy access, high tradability, transparency, and institutional-grade custody within a robust, fully backed ETP structure.

TER: 0.20% p.a.


Visit the BTC1 product page


BTCE | DE000A27Z304 | Bitwise Physical Bitcoin ETP: BTCE was listed on Xetra in June 2020, and has a proven track record of over 4 years as the most traded bitcoin ETP in Europe. BTCE combines easy access, exceptional liquidity, tradability, and transparency.

TER: 0.20% p.a.


Visit the BTCE product page


Bitcoin & Gold - Store of Value

BTCG | DE000A4AKW34 | Bitwise Diaman Bitcoin & Gold ETP: BTCG enables efficient capital allocation across two key assets for long-term value preservation: gold, long regarded as a store of value, and Bitcoin, which is solidifying its role as both a safe-haven asset and a performance driver. Through a dynamic rebalancing mechanism, the product adjusts exposure based on market trends and risk conditions, offering the opportunity to tactically benefit from periods when one asset appreciates relative to the other while simultaneously seeking to limit exposure during retracement phases.

TER: 1.49% p.a.


Visit the BCTG product page


Diversified Index Basket ETP

DA20 | DE000A3G3ZL3 | Bitwise MSCI Digital Assets Select 20 ETP: DA20 is a fully backed exchange traded product that offers investors simple and cost-efficient access to the top 20 leading investable digital assets and cryptocurrencies comprising around 90% of the crypto market. The ETP seeks to track the performance, before fees and expenses, of the MSCI Global Digital Assets Select Top 20 Capped Index. The index is managed by MSCI and rebalanced on a quarterly basis.

TER: 1.49% p.a.


Visit the DA20 product page


Ethereum ETPs

ET32 | DE000A3G90G9 | Bitwise Ethereum Staking ETP: ET32 offers investors exposure to the performance of ETH, while capturing staking rewards that are accumulated in the ETP. ET32 is an institutional-grade, low cost, and liquid vehicle to leverage ETH staking for maximum investor outcome. The ETP is 100% physically backed with Ethereum (ETH) held in cold storage custody, and is benchmarked to the Compass Ethereum Total Return Monthly Index, after fees and expenses.

TER: 0,65% p.a.


Visit the ET32 product page


ZETH | DE000A3GMKD7 | Bitwise Physical Ethereum ETP: ZETH is a physically backed exchange-traded product issued in Germany, designed to provide investors a secure and efficient way to gain exposure to ETH, the native token of the Ethereum network

TER: 1,49% p.a.


Visit the ZETH product page


Solana ETPs

BSOL | DE000A4A59D2 | Bitwise Solana Staking ETP: BSOL offers investors exposure to the performance of SOL, while capturing additional staking rewards that are accumulated in the ETP. BSOL is an institutional-grade, low cost, and liquid ETP that is fully backed with Solana (SOL) held in cold storage custody. The ETP is benchmarked to the Compass Solana Total Return Monthly Index, after fees and expenses.

TER: 0,85% p.a.


Visit the BSOL product page


ESOL | DE000A3GVKZ1 | Bitwise Physical Solana ETP: ZETH is a physically backed exchange-traded product issued in Germany, designed to provide investors a secure and efficient way to gain exposure to ETH, the native token of the Ethereum network.

TER: 1,95% p.a.


Visit the ESOL product page


XRP ETPs

GXRP | DE000A3GYNB0 | Bitwise Physical XRP ETP: GXRP provides a simple, robust, and cost-efficient solution for gaining investment exposure to the XRP token. With 100% full backing, GXRP ensures transparency, tradability, and professional cold-storage custody, delivering a secure and reliable way to invest in XRP.

TER: 1,95% p.a.


Visit the GXRP product page


Cardano ETPs

RDAN | DE000A3GVKY4 | Bitwise Physical Cardano ETP: RDAN is a physically backed exchange-traded product issued in Germany, designed to provide investors a secure and efficient way to gain exposure to Cardano.

TER: 1,95% p.a.


Visit the RDAN product page


Litecoin ETPs

ELTC | DE000A3GN5J9 | Bitwise Physical Litecoin ETP: ELTC is a physically backed exchange-traded product issued in Germany, designed to provide investors a secure and efficient way to gain exposure to Litecoin.

TER: 2,00% p.a.


Visit the ELTC product page


Near Staking ETP

NEAR| DE000A4A5GV2| Bitwise NEAR Staking ETP:NEAR provides investors with exposure to the performance of the NEAR token, while also capturing additional staking rewards that accrue within the ETP. The product is fully backed by NEAR Protocol tokens held in professional cold storage custody. It is benchmarked against the CF NEAR Staked Return Index, net of fees and expenses.

TER: 0,85% p.a.


Visit the NEAR product page

IMPORTANT INFORMATION

Before investing in crypto Exchange Traded Products (“ETPs”), potential investors should consider the following:

Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. ETPs issued by Bitwise Europe GmbH are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on www.bitwiseinvestments.com/eu. The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency. Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks.