Overview
- Bitwise submitted SEC N-1A registrations for 11 single-asset strategy ETFs tied to AAVE, UNI, ZEC, TAO, TRX, NEAR, STRK, SUI, ENA, HYPE and CC.
- Each fund may hold up to 60% of assets in the underlying token, with the balance in related ETPs or derivatives, and commits at least 80% to those exposures under normal conditions.
- The filings name Coinbase Custody as custodian and plan NYSE Arca listings with tickers and fees to be determined, with an expected effectiveness window around mid-March 2026 pending SEC review.
- Market coverage reported little immediate reaction as flows remain concentrated in a few flagship crypto ETFs despite an expanding altcoin ETF pipeline.
- Cardano is not included in the lineup, a notable omission highlighted by outlets and community commentary.