Bitwise announced the launch of five new exchange-traded funds (ETFs) on the Swiss Exchange, which may impact the cryptocurrency market in Europe.
Launch of Five New ETFs
Bitwise has confirmed the listing of five new ETFs on the Swiss Exchange, including Bitcoin, Solana, XRP, Ethereum, and MSCI Digital Assets, which tracks a Top 20 Index with capitalization limits. The official press release states that Bitwise has surpassed $15 billion in assets as of August 2025, a 200% increase since October 2024, and plans further expansion.
Future of Cryptocurrency in Europe
According to research, the European cryptocurrency market is growing and is expected to reach $2.5 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 11.2% from 2025 to 2030. This reflects a growing investor interest, supported by positive stances towards cryptocurrencies, particularly in the US.
Prospects for Alt Season
While it is unlikely that Bitwise's new ETFs alone will trigger an alt season, their launch could positively impact the market. Bitcoin is breaking through the psychological barrier of $115,000, which may act as a catalyst for growth among altcoins. In this context, interest in altcoin projects is also increasing as the market anticipates higher trading volumes.
The launch of new ETFs by Bitwise underscores the continued growth of interest in cryptocurrencies in Europe and may serve as a significant factor for the future market.
