Bitwise Acquires ETC Group, Europe's Largest Physical Bitcoin ETP Issuer
Bitwise Asset Management's acquisition of ETC Group marks its significant entry into the European market, adding over $1 billion in Bitcoin and crypto assets.
Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global footprint but also adds more than $1 billion in assets under management to its portfolio.
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