- Bitwise reportedly filed for an altcoin ETF with the U.S. Securities and Exchange Commission.
- The ETFs are said to be backed by 11 altcoins, including Aave and Tron.
- If approved, it is expected to expand access to investing in various altcoins.
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Digital asset-focused asset manager Bitwise has filed for exchange-traded funds (ETFs) backed by multiple altcoins.
On the 31st (Korea time), digital asset-focused outlet The Block cited the N-1A filing Bitwise submitted overnight to the U.S. Securities and Exchange Commission (SEC), reporting that Bitwise has submitted applications for ETFs backed by various altcoins.
According to the document, Bitwise is seeking to register a total of 11 new ETFs: Aave (AAVE), Sui (SUI), Canton (CC), BitTensor (TAO), Ethena (ENA), Tron (TRX), Hyperliquid (HYPE), NEAR Protocol (NEAR), Uniswap (UNI), Zcash (ZEC), and StarkNet (STRK).
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