**Bitwise Enters European Market with Acquisition of ETC Group**
In a strategic move to expand its footprint, Bitwise has officially entered the European market by acquiring the ETC Group. This acquisition signifies Bitwise’s commitment to increasing its presence and influence in the rapidly growing cryptocurrency sector within Europe. The deal will likely enhance the availability and variety of crypto investment products offered by Bitwise in the European region.
The cryptocurrency, denoted as $ETC, stands to gain considerable attention following this acquisition as ETC Group is already well-regarded for its exchange-traded products linked to various digital assets. With this venture, Bitwise aims to leverage ETC Group’s established market position to deliver robust financial products that can attract and benefit both individual and institutional investors.
Source: https://en.coinotag.com/breakingnews/bitwise-enters-european-market-with-acquisition-of-etc-group/