Bitwise Lists Canton Network ETP on Deutsche Börse Xetra

Bitwise launched the Bitwise Canton ETP (BWCC) on Deutsche Börse Xetra on Tuesday, tracking the native token of Canton Network (CC), a privacy-enabled blockchain developed with participation from Goldman Sachs, BNP Paribas, and Deutsche Börse.

The product began trading with a total expense ratio of 0.85% per annum and is fully backed by CC tokens held in cold storage. According to Bitwise, BWCC is issued by Bitwise Europe GmbH and can be purchased through traditional brokerage accounts without requiring a crypto wallet. Canton Network was developed by Digital Asset, launched in 2023, and designed for global capital markets. CC traded at $0.16 on Tuesday, down 1.4% over 24 hours, with a market capitalization of $6.3 billion.