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Bitwise launches first Lighter ETP, offering European investors crypto exposure to LIT token amid 580% rebound.

Market News
24 Sep 2026, 00:20 WIB
Crypto Briefing
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Bullish
Bitwise launches first Lighter ETP, offering European investors crypto exposure to LIT token amid 580% rebound.

Bitwise has introduced the first exchange traded product (ETP) tracking the Lighter platform's LIT token, now trading on Deutsche Börse Xetra under ticker BLIT. This ETP allows European investors to gain exposure to the decentralized trading platform without managing crypto wallets, with an annual fee of 0.85%. LIT has surged over 580% since March, reflecting strong recovery and growing interest in blockchain markets that blend crypto with traditional finance. Bitwise plans to activate staking rewards for the ETP once assets under management grow sufficiently, marking a step forward in integrating crypto assets with conventional investment products.

Bitwise's launch of the first Lighter ETP and LIT's 580% rebound offer context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Sep 24, 2026 04:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, ONE (Harmony) at Rp51 down 15.04%, and FIL (Filecoin) at Rp16.456 down 9.65%.

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