Canaccord Adds Bitwise Crypto ETPs With 5% Wealth Portfolio Cap

• Canaccord adds Bitcoin and Ethereum ETP access through Bitwise for wealthy UK clients.
• A 5% crypto exposure cap keeps allocations limited inside managed client portfolios only.
• Bitwise gains a UK wealth channel as crypto ETPs enter traditional managed portfolios.

Canaccord Wealth UK has partnered with Bitwise Asset Management to offer Bitcoin and Ethereum exchange-traded products to high-net-worth clients. The new service limits crypto exposure to 5% of client portfolios and keeps allocations inside a managed wealth structure.

Bradley Duke, Bitwise’s Head of Europe, disclosed the partnership in an X post. He said the arrangement gives selected Canaccord clients access to crypto products linked to the two largest digital assets.

Canaccord Adds Controlled Crypto ETP Access

Through the deal, Canaccord becomes one of the first major UK wealth managers to add ma…

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