Canaccord Wealth UK and Bitwise have launched an exclusive arrangement for the UK and Channel Islands, allowing select clients to allocate up to 5% to Bitcoin and Ethereum ETPs.
Canaccord Wealth UK has partnered exclusively with Bitwise to offer select clients access to Bitcoin and Ethereum exchange-traded products, with portfolio allocations capped at 5%. The UK wealth manager oversees about $70 billion in assets, and the arrangement covers the UK and Channel Islands markets. The move reflects continued use of regulated listed crypto products by wealth managers to provide controlled exposure to digital assets.