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Bitwise Launches Canton ETP to Offer Regulated Exposure to CC Token

Highlights:

  • Bitwise Europe launched a new Canton ETP to give investors easier access to CC.
  • The product trades on Deutsche Börse Xetra and is backed by CC tokens in storage.
  • Canton Network helps banks use blockchain while keeping private financial details protected.

Bitwise Europe launched the Bitwise Canton ETP on Tuesday. It gives investors a regulated way to gain exposure to CC, the native token of the Canton Network. The product started trading on Deutsche Börse Xetra under the ticker BWCC, according to the official Bitwise announcement.

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The new exchange-traded product tracks the Kaiko CANTO Reference Rate LDNLF index. Its goal is to track CC’s performance, excluding the product’s annual management fee. Bitwise said the product is designed for investors who want access to Canton Network through a traditional brokerage account instead of directly holding crypto in a wallet.

Bitwise Expands Its European Crypto ETP Suite

The Bitwise Canton ETP is issued by Bitwise Europe GmbH in Germany. The product carries the ISIN DE000A4ARTH9 and has a total expense ratio of 0.85% per year. Bitwise said BWCC is fully backed by CC tokens held in cold storage, which means the tokens are kept offline to reduce online security risks.

The launch adds another product to Bitwise’s growing European crypto ETP lineup. Bitwise said the product reflects rising investor interest in regulated digital asset infrastructure, especially as large financial firms continue to explore blockchain-based settlement and tokenization.

Canton Network Targets Capital Markets

Canton Network is a privacy-focused blockchain designed for capital markets. Bitwise said the network allows banks and financial institutions to issue, trade, and settle assets digitally while keeping sensitive transaction details private.

The network has been developed with participation from major financial and technology names, including Goldman Sachs, BNP Paribas, Deutsche Börse, and Broadridge. Unlike public blockchains such as Bitcoin or Ethereum, where transaction activity is visible to everyone, Canton lets each party see and validate only the part of a transaction that is relevant to them.

This privacy feature is important for financial institutions because banks and asset managers often need to protect client data, trading details, and settlement information. At the same time, they must meet compliance standards set by regulators.

CC, the native token of Canton Network, supports network governance and operations. Bitwise said adoption and growth across the Canton ecosystem directly influence the token’s value.

Bradley Duke, Managing Director and Head of Europe at Bitwise, said the product is “a timely addition” to Bitwise’s European crypto ETP range. He added that Canton Network “stands apart as a blockchain platform built from the ground up for global financial markets,” combining privacy, interoperability, and programmability for institutional compliance needs. Duke also said BWCC gives investors “convenient, exchange-traded access” to the Canton ecosystem through a regulated ETP structure.

The launch comes as tokenization continues to gain attention across traditional finance. Tokenization means bringing real-world assets, such as bonds, funds, or other financial instruments, onto blockchain rails. Canton’s focus on privacy and institutional use gives it a different position from more open public blockchain networks.

Bitwise said investors should understand that crypto ETPs are high-risk products. The value of the product can rise or fall, and investors may lose the amount they invest.

CC Trades Lower Despite Bitwise Launch

At the time of writing, Canton was trading at $0.1608, down 3.03% over the past 24 hours. Its market cap was $6.21 billion. Daily trading volume also dropped 18.9% to $18.79 million. The chart shows CC under short-term pressure despite the new Bitwise ETP launch.

Canton Price Chart
Canton Price Chart: CoinMarketCap

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