Crypto ETP Market Sees Divergent Trends: New Network Launches Amidst Bitcoin Outflows

Crypto ETP Market Sees Divergent Trends: New Network Launches Amidst Bitcoin Outflows

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The crypto exchange-traded product (ETP) market is currently presenting a mixed picture. Bitwise has introduced a Canton Network ETP on Deutsche Börse Xetra, backed by CC tokens. However, this development coincides with a challenging period for the broader crypto ETP sector, which witnessed significant outflows totaling $1.47 billion last week. Bitcoin-specific ETPs were particularly impacted, recording their worst weekly redemptions of 2026, signaling a growing risk-off sentiment across global markets.

Bitwise Debuts Canton Network ETP

Bitwise listed a Canton Network ETP on Deutsche Börse Xetra, backing it with CC tokens held in cold storage.

Global Crypto ETP Outflows Deepen, Bitcoin Products Hit Hard

Crypto ETP outflows extended to $1.47B last week as bitcoin posted its worst weekly redemption of 2026 with risk-off spreading globally.