Canaccord Wealth UK has partnered with Bitwise to make encrypted ETP configurations available to high-net-worth clients.

CoinFeed reported on May 15th that, according to Bradley Duke, Head of Bitwise Europe, Canaccord Wealth UK, a UK-based wealth management firm managing approximately $70 billion in assets, has entered into an exclusive partnership with Bitwise to offer select clients Bitcoin and Ethereum ETP products, with investments up to 5% of their portfolios. This partnership covers the UK and Channel Islands markets and is seen as a significant step forward in the UK's traditional wealth management industry's efforts to promote the adoption of crypto assets.