May. 16, 2026
The UK’s high-net-worth investors are about to get a taste of Bitcoin and Ethereum with a side of traditional wealth management. Canaccord Wealth UK has partnered with Bitwise Asset Management to offer exchange-traded products (ETPs) centered around these leading cryptos. But before anyone gets too excited, note the caveat: allocations cap at a modest 5% of client portfolios.
Breaking ground or just the surface?
This move places Canaccord ahead of its peers in the UK wealth management scene. By integrating Bitcoin and Ethereum ETPs, the firm stakes its claim as the first major UK manager to dabble in managed crypto exposure for the affluent. Yet, it remains a cautious gamble, ensuring their clients aren’t putting all their digital eggs in one blockchain basket.
For context, Canaccord Wealth UK oversees roughly $70 billion in assets. If only 5% of those assets tiptoe into crypto waters, we’re looking at a potential multi-billion dollar dance.
