Bitwise’s filings span DeFi, layer-1s, privateness cash, and AI-linked tokens, signaling a broad guess on altcoin demand.
Asset supervisor Bitwise has submitted filings for 11 new single-asset cryptocurrency exchange-traded funds (ETFs) to the US Securities and Alternate Fee (SEC).
This batch targets main altcoins, together with Aave (AAVE), Uniswap (UNI), and Sui (SUI), signaling a direct problem to present regulatory boundaries which have largely confined ETF approvals to Bitcoin, Ethereum, and, extra not too long ago, Solana and XRP.
Bitwise Pushes Deeper Into Altcoin ETFs
Based on the filings, the proposed merchandise will sit underneath the Bitwise Funds Belief and commerce on NYSE Arca if authorized. The lineup includes technique ETFs centered on AAVE, UNI, Zcash (ZEC), Close to (NEAR), SUI, Tron (TRX), Starknet (STRK), Ethena (ENA), Bittensor (TAO), Hyperliquid (HYPE), and the Canton Community’s CC token.
The prospectus outlined a constant construction throughout the funds. Every ETF plans to carry as much as 60% of its property straight within the underlying token, whereas not less than 40% would come from exchange-traded merchandise, futures, or swaps that monitor the identical asset. In some circumstances, publicity could also be managed by way of offshore subsidiaries, a construction already acquainted in commodity and crypto-linked funds.
ETF analyst Eric Balchunas reacted to the filings, writing on X that “cash (and ETF filings) by no means sleeps,” a nod to the tempo at which issuers are racing to safe first-mover benefit in altcoin merchandise. Business accounts akin to ETF Rumour additionally flagged March 16, 2026, because the tentative efficient date, though charges and tickers stay undecided.
The breadth of the filings stands out as a result of whereas earlier cycles centered virtually solely on Bitcoin and later Ethereum, Bitwise is now focusing on decentralized finance, layer-1 networks, privateness cash, and even AI-linked crypto by way of TAO, reflecting shifting investor curiosity.
A Crowded and Aggressive Panorama
Bitwise has made its transfer at a time when crypto ETFs exterior Bitcoin are already exhibiting combined however telling outcomes. For instance, spot Solana ETFs, which launched in October, had attracted greater than $750 million in web inflows midway by way of December, in response to latest CoinShares information.
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Analysts famous that buyers seem keen to carry these merchandise by way of unstable worth swings, suggesting longer-term positioning slightly than short-term buying and selling.
In the meantime, Ripple-linked ETFs have gone even additional. As CryptoPotato beforehand reported, US-listed XRP ETFs have recorded greater than $1 billion in cumulative inflows with out a single day of web withdrawals, outperforming Bitcoin, Ethereum, and Solana funds throughout the identical interval.
For now, the filings sign rising confidence from asset managers that investor demand extends properly past the most important cryptocurrencies and that the ETF market could quickly mirror that shift, pending the SEC’s response.
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