LIT Price Jumps 12% as Bitwise Launches Lighter Staking ETP

Key Insights

• LIT price rises 9.34% after Bitwise launches the first Lighter staking ETP for European investors.
• Lighter crypto gains new exposure through Bitwise’s Xetra-listed product for LIT.
• Robinhood Wallet offers eligible Lighter traders double points on qualifying perpetual activity.

LIT price rose 9.34% to $5.17 after Bitwise launched Europe’s first Lighter crypto staking ETP. It gives European investors exposure to LIT through Xetra. The product adds a listed route as Lighter crypto gains attention from investment and trading platforms. The launch brings fresh attention to LIT now.

Bitwise Launches Lighter Staking ETP

Bitwise has launched the Bitwise Lighter Staking ETP. It gives European investors a new way to gain exposure to LIT. Bitwise described the product as the world’s first exchange-traded product offering exposure to LIT. The launch brings Lighter crypto into a listed investment product that European investors can trade through the exchange.

Lighter is a decentralized perpetual futures exchange running on Ethereum. It uses a custom zero-knowledge rollup to process its activity. Every trade and liquidation can be independently verified on-chain. This feature is central to how Lighter presents its trading infrastructure.