Bitwise has opened a new gateway for European investors to gain regulated exposure to Canton Network’s native token CC, launching the Bitwise Canton ETP on Deutsche Börse Xetra. The product trades under ticker BWCC (ISIN DE000A4ARTH9) and tracks the Kaiko CANTO Reference Rate LDNLF index, with a total expense ratio of 0.85% per year.
Key product details
- Ticker / ISIN: BWCC / DE000A4ARTH9
- Index: Kaiko CANTO Reference Rate LDNLF
- Fee: 0.85% TER annually
- Custody: fully backed by CC tokens held in cold storage
- Access: tradable through standard brokerage accounts—no crypto wallet required
Why it matters
Canton Network is a privacy-enabled blockchain tailored for capital markets, designed to let institutions issue, trade and settle digital assets while keeping sensitive transaction details private—an important distinction from public blockchains where activity is openly visible. Bitwise notes that Canton was developed with participation from major financial players including Goldman Sachs, BNP Paribas, Deutsche Börse and Broadridge. Bradley Duke, Bitwise’s Managing Director and Head of Europe, called BWCC “a timely addition” to the firm’s suite of European crypto ETPs, highlighting Canton’s mix of privacy, interoperability and programmability to meet institutional compliance needs.
Market context and momentum
The BWCC listing follows 21Shares’ recent U.S. launch of the 21Shares Canton Network ETF (TCAN) on Nasdaq, which began trading May 7, 2026 with a 0.50% gross expense ratio. Like BWCC, TCAN provides brokerage-accessible exposure to CC without requiring direct token custody. 21Shares has said institutions such as Goldman Sachs, Microsoft and Deutsche Bank participated in Canton-related testing and validator work, though it cautioned these names should not be read as endorsements.
Canton has also attracted attention from tokenization-focused market activity: Societe Generale’s SG-FORGE deployed regulated euro and dollar stablecoins on Canton for institutional collateral and repo financing use cases, a move that helped push CC’s price higher. At the time of reporting, CC was trading near $0.16 with a market capitalization of roughly $6.23 billion.
Bottom line
BWCC adds another regulated, exchange-traded route for investors seeking exposure to blockchain infrastructure built specifically for financial markets. By combining custody via cold storage and easy access through brokerage accounts, Bitwise’s new ETP aims to make Canton-based exposure simpler and more familiar for European institutional and retail investors alike.
Read more AI-generated news on: undefined/news
