Bitwise Launches Lighter Staking ETP on Xetra as LIT Token Surges

Bitwise Product Expands EU Access

Bitwise has launched the Bitwise Lighter Staking ETP on Deutsche Börse Xetra, offering European investors regulated access to the Lighter protocol's LIT token through conventional brokerage infrastructure. The product allows holders to gain exposure to LIT staking rewards within a traditional ETF wrapper, removing the friction of self-custody or crypto exchange accounts for institutional and retail investors in the region.

LIT Token Performance Context

The ETP launch occurs as LIT has recovered substantially from earlier lows, trading up approximately 580% from its prior trough, according to Crypto Briefing reporting. The exact current price was not disclosed in available source material. The timing reflects what Bitwise characterizes as growing institutional appetite for blockchain assets through regulated vehicles that bridge crypto markets and traditional finance infrastructure.

Implications for the ETP Market

The launch marks Bitwise's entry into the Lighter ecosystem via ETP products and underscores the continued expansion of euro-denominated crypto ETPs on European exchanges. Deutsche Börse Xetra has become a primary venue for such products over the past two years, allowing asset managers to reach EU investors without requiring them to hold cryptocurrency directly.