Bitwise acquires ETC Group to expand its European presence

Bitwise Asset Management announced the acquisition of ETC Group, a London-based cryptocurrency exchange-traded product (ETP) issuer. The acquisition marks Bitwise's official entry into the European market and further expansion of its global business presence.

Bitwise's acquisition will enhance its competitiveness in the European market and provide investors with more diversified cryptocurrency investment channels. At the same time, this will also promote the further development and maturity of the European cryptocurrency market. #MtGox钱包动态