Canaccord Wealth UK partners with Bitwise to offer crypto ETPs to high-net-worth clients

On May 15, according to Bradley Duke, head of Bitwise Europe, Canaccord Wealth UK, a UK wealth management institution with approximately $70 billion in assets under management, has reached an exclusive partnership with Bitwise. Canaccord Wealth UK will offer Bitcoin and Ethereum ETP product allocations to some clients, with investment ratios up to 5% of the portfolio. This collaboration covers the UK and Channel Islands markets and is considered an important step in promoting the adoption of crypto assets by the traditional wealth management industry in the UK.