Bitwise Files With SEC for 11 Altcoin Strategy ETFs, Targeting DeFi and Emerging Tokens

Altcoin News Den December 31, 2025

Bitwise Asset Management has filed N-1A registration statements with the U.S. Securities and Exchange Commission (SEC) for 11 single-token “strategy” exchange-traded funds (ETFs), expanding its push to bring regulated crypto exposure beyond bitcoin and ether to U.S. investors.

According to the filings, the proposed ETFs would track AAVE, CC, ENA, HYPE, NEAR, STRK, SUI, TAO, TRX, UNI, and ZEC, covering a broad mix of decentralized finance, layer-1 networks, privacy-focused assets, and newer infrastructure tokens.

Each fund would be structured as a strategy ETF, allowing Bitwise to allocate a portion of assets to direct holdings of the underlying token while using the remainder for related exchange-traded products or derivatives. This structure differs from spot ETFs and reflects the framework issuers have increasingly used to introduce altcoin exposure under existing regulatory rules.

The N-1A filings come as asset managers continue to test the SEC’s appetite for more specialized crypto ETFs following the approval of spot bitcoin and ether products. Strategy-based structures have emerged as a preferred route for expanding crypto offerings without requiring full spot approval for each token.

Bitwise did not provide a timeline for potential launches, and SEC approval is not guaranteed. If approved, the ETFs would trade on NYSE Arca.