Alfakraft, Bitwise partner on regulated crypto products for Europe

Alfakraft Fonder AB, a Swedish fund manager founded in the late 1990s, has partnered with Bitwise Asset Management to develop regulated digital asset products for European institutions. The collaboration targets pensions, insurers, and foundations rather than retail traders, according to a statement from the two firms.

Bitwise manages roughly $9 billion in client assets across more than 70 products. Alfakraft brings a network within Nordic institutional finance and a background in quantitative hedge fund strategies. The firms plan to create investment solutions designed for professional investors seeking compliant crypto exposure.

No specific product launch dates or assets under management targets were disclosed. The structure of the investment vehicles – whether exchange-traded products, fund-of-funds, separately managed accounts, or something else – remains undefined.

For Bitwise, the deal follows a broader European push. The firm already operates exchange-traded products and model portfolios on the continent and has been building out that presence through earlier 2026 initiatives. Partnering with Alfakraft gives Bitwise a distribution channel into Nordic institutions that would be expensive to build from scratch.