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