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Bitwise launches Lighter Staking ETP on Deutsche Börse Xetra, offering European investors access to LIT token.

Market News
23 Sep 2026
Crypto news
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Bullish
Bitwise launches Lighter Staking ETP on Deutsche Börse Xetra, offering European investors access to LIT token.

Bitwise has introduced the Lighter Staking ETP (ticker BLIT) on Deutsche Börse Xetra, allowing European investors to access the LIT token through regular brokerage accounts. The ETP is physically backed by over 1 million LIT tokens worth about $4.74 million at launch, though this is small compared to LIT's $1.27 billion market cap. Staking of the tokens will begin only after the ETP reaches a sufficient asset size, which Bitwise has not yet disclosed. This product provides a new regulated channel for investing in LIT, a token linked to Lighter, an Ethereum layer 2 decentralized exchange focused on perpetual futures and on-chain markets. The ETP carries a 0.85% annual fee and aims to bridge crypto assets with mainstream investors in Europe.

The Bitwise launch of the Lighter Staking ETP offers a new way to access LIT tokens. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 23, 2026 17:51 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell. Notably, SXP dropped sharply by 46.27% to Rp37, contrasting with BCH which gained 29.26% to Rp6,279,662 despite a 63% sell order activity, and GRT which rose 16.49% to Rp487 with a majority buy order activity.

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