HomeCryptocurrencyBitwise recordsdata for Aptos ETF by way of Delaware belief, prepares for...

Bitwise recordsdata for Aptos ETF by way of Delaware belief, prepares for SEC registration

February 27, 2025

Key Takeaways

Bitwise Asset Administration filed to create a Delaware belief for an Aptos ETF.
This units Bitwise as the primary to pursue an funding product holding APT tokens.

Bitwise Asset Administration has filed to determine a Delaware belief entity for a proposed Aptos exchange-traded fund, marking an preliminary step earlier than formal SEC registration.

The submitting positions Bitwise as the primary asset supervisor pursuing an funding product immediately holding APT tokens within the US. Aptos presently ranks because the thirty sixth largest crypto asset by market capitalization, in response to CoinGecko.

The transfer comes amid a broader growth of crypto ETF purposes past Bitcoin and Ethereum, with asset managers now pursuing funds for XRP, Solana, Dogecoin, Cardano, Litecoin, and HBAR.

This can be a creating story.