Bitwise launches Canton Network ETP on Deutsche Börse Xetra

A new exchange-traded product providing exposure to the Canton Network's native token began trading on a major German exchange, offering European investors a regulated pathway into a blockchain designed for institutional finance. The Bitwise Canton ETP, trading under the ticker BWCC on Deutsche Börse Xetra, tracks the Kaiko CANTO Reference Rate LDNLF index and carries an annual total expense ratio of 0.85%.

Issued by Bitwise Europe GmbH, the product is physically backed by CC tokens held in cold storage. This structure allows investors to gain exposure to the token through standard brokerage accounts without the need for a personal cryptocurrency wallet or direct custody. The ETP joins Bitwise's expanding suite of European crypto investment products.

The launch centers on the Canton Network, a privacy-focused blockchain infrastructure built for capital markets. Introduced in 2023 by Digital Asset, the network is designed to allow regulated financial institutions to issue, trade, and settle digital assets while keeping transaction details confidential between relevant parties. This contrasts with public blockchains like Bitcoin and Ethereum, where transaction data is broadly visible.