$Bitwise Files for 11 New Crypto ETFs Bitwise, a crypto asset manager, has filed applications with the U.S. Securities and Exchange Commission (SEC) for the creation of 11 new cryptocurrency exchange-traded funds (ETFs). These ETFs are to be based on different cryptocurrencies such as:
- Aave (AAVE): Decentralized Lending Platform
- Ethena (ENA): It is a decentralized finance (DeFi)
- Hyperliquid (HYPE): A Decentralized Exchange for Perpetual Futures
- Bittensor (TAO): A decentralized artificial intelligence network
- Tron (TRX): an application platform based on blockchain technology.
- Uniswap (UNI): A decentralized exchange solution
- Zcash (ZEC): confidential cryptocurrency
- NEAR: A blockchain platform for developing applications
- Starknet (STRK): Layer 2 scaling network on Ethereum
- Sui: Blockchain platform for decentralized applications
- Canton (CC): A blockchain platform
Investment StrategyEach of the funds will invest its assets up to 60% direct into the token, and the rest will be invested in an exchange-traded product that gives exposure to the token. The other investments the fund will make include derivatives like futures and swaps.
Bitwise Expansion into Crypto ETFsBitwise is actively expanding the offerings of crypto ETFs, such as the spot Solana ETF offered in October and the XRP and Dogecoin ETFs offered the next month. The firm is currently filing for a spot Sui ETF and an amended statement for a Hyperliquid ETF as well.
Market OutlookDespite the fourth-quarter decline in the cryptocurrency market, Bitwise Chief Investment Officer Matt Hougan is optimistic about the coming year and expects bitcoin to break its historic four-year market cycle and reach an all-time high in 2026.
#uni #near #strk #cc #TAO $SUI $CC
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