Bitwise Funds Belief registration statements with the SEC on December 30 for eleven strategy-based exchange-traded funds focusing on main blockchain protocols, marking one of many largest single-day crypto ETF filings in business historical past.(*11*)
The funds, anticipated to grow to be efficient 75 days after submitting, will commerce on NYSE Arca and provide publicity to governance, utility, and native tokens via a hybrid funding construction combining direct holdings with European exchange-traded merchandise.(*11*)
The submitting arrives as asset managers race to seize market share following the SEC’s October 2025 introduction of generic itemizing requirements for crypto ETFs, which eradicated case-by-case approval necessities and accelerated product launches throughout the business.(*11*)
Bitwise filed 11 cryptocurrency ETFs!Bitwise AAVE Technique ETFBitwise UNI Technique ETFBitwise ZEC Technique ETFBitwise CC Technique ETFBitwise ENA Technique ETFBitwise Hyperliquid Technique ETFBitwise NEAR Technique ETFBitwise STRK Technique ETFBitwise SUI Technique ETF… — ETF Rumour by Henry Jim (@ETFhearsay) Bitwise Targets DeFi, Layer-2s, and Privateness Networks(*11*)
The eleven funds span various blockchain sectors, with every focusing on a selected protocol.(*11*)
The Bitwise AAVE Technique ETF focuses on decentralized lending, whereas the Bitwise UNI Technique ETF tracks Uniswap’s decentralized change and Unichain Layer-2 community.(*11*)
Infrastructure performs embody the Bitwise NEAR Technique ETF, which covers NEAR’s sharded structure, and the Bitwise SUI Technique ETF, which targets Mysten Labs’ Transfer-based blockchain.(*11*)
Layer-2 scaling options function prominently via the Bitwise STRK Technique ETF for Starknet’s ZK-STARK expertise.(*11*)
Privateness-focused networks additionally seem by way of the Bitwise ZEC Technique ETF, which tracks Zcash’s zk-SNARK implementation.(*11*)
Specialised protocols spherical out the suite, together with the Bitwise TAO Technique ETF for Bittensor’s AI market, the Bitwise ENA Technique ETF for Ethena’s artificial greenback protocol, and funds protecting Canton Community, Hyperliquid, and TRON blockchain.Supply: SEC Submitting(*11*)
Every fund employs an identical funding mechanics, with as much as 60% in direct token holdings and not less than 40% allotted to European ETPs that observe token efficiency via totally collateralized debt securities.(*11*)
Funds preserve a minimal 80% publicity to designated tokens, associated ETPs, and derivatives below regular situations, with an optionally available 25% allocation to Cayman Islands subsidiaries for tax compliance and entry to derivatives.Institutional Entry and Regulatory Complexity(*11*)
Bitwise Funding Supervisor serves as adviser throughout all funds, with portfolio administration shared by Jennifer Thornton, Daniela Padilla, and Gayatri Choudhury.(*11*)
The Financial institution of New York Mellon handles administration and custody for conventional securities, whereas Coinbase Custody Belief Firm and BitGo Europe GmbH safe digital belongings.(*11*)
The funds function below a unitary payment construction, although particular percentages stay undisclosed in the submitting.(*11*)
Regardless of the skilled infrastructure, these merchandise nonetheless carry important dangers. (*11*)
Regulatory uncertainty persists over whether or not tokens qualify as securities or commodities, with the potential for fund dissolution if classifications shift. (*11*)
European ETP publicity introduces issuer default danger and valuation challenges as a consequence of time-zone variations between the U.S. and European markets.(*11*)
Notably, the funds intend to qualify as Regulated Funding Firms, avoiding federal taxation on the fund degree if earnings is distributed to shareholders. (*11*)
Creation and redemption happen primarily via money reasonably than in-kind transactions, probably ensuing in increased capital positive aspects distributions than in conventional ETF buildings.(*11*)
Shares commerce all through the day at market costs that will deviate from internet asset worth.Wave of Altcoin Merchandise Reshapes ETF Panorama(*11*)
The submitting extends Bitwise’s aggressive ETF growth following current launches, together with the Bitwise Dogecoin ETF, which has accrued important belongings regardless of its non-1940 Act classification and lowered investor protections.(*11*)
These waves of filling got here as Bitwise beforehand predicted that greater than 100 crypto ETFs may launch by 2026 as generic itemizing requirements eradicate approval bottlenecks.(*11*)
🐕 has unveiled the Bitwise Dogecoin ETF as investor urge for food for altcoin publicity continues to extend. — Cryptonews.com (@cryptonews) (*11*)
The agency has additionally filed for merchandise monitoring NEAR and Chainlink, with the latter showing on the DTCC registry, signaling a possible near-term launch.(*11*)
Market construction shifts proceed to speed up institutional crypto entry. Solana, XRP, and Dogecoin ETFs launched all through 2025, with the Bitwise Solana Staking ETF gathering over $660 million in three weeks with out experiencing outflows.(*11*)
Financial institution of America not too long ago approved advisers to advocate Bitcoin ETFs to shoppers, probably channeling parts of the financial institution’s $3.5 trillion in managed belongings towards digital belongings as regulatory readability improves below new SEC management.Bitwise Maintains Bullish Outlook Regardless of Market Volatility(*11*)
Bitwise Chief Funding Officer Matt Hougan maintains that Bitcoin will attain new all-time highs in 2026, breaking the standard four-year cycle sample via sustained institutional capital inflows.(*11*)
📈 Bitwise CIO expects regular, lower-volatility Bitcoin positive aspects over the following decade reasonably than explosive rallies. — Cryptonews.com (@cryptonews) (*11*)
The agency argues that Bitcoin’s declining volatility, now decrease than Nvidia shares in 2025, displays a maturing investor base as conventional monetary establishments, together with Morgan Stanley, Wells Fargo, and Merrill Lynch, put together allocations.(*11*)
Hougan additionally not too long ago stated he expects a decade of regular positive aspects from right here with lowered volatility reasonably than explosive rallies, pushed by structural market adjustments and regulatory readability reasonably than retail hypothesis.(*11*)
