Bitwise Launches Aptos ETF Initiative

Bitwise Files for Aptos ETF via Delaware Trust

• Bitwise Asset Management filed to create a Delaware trust for an Aptos exchange-traded fund (ETF).
• This marks the first attempt by an asset manager to offer an investment product holding APT tokens in the US.
• Aptos is currently the 36th largest cryptocurrency by market capitalization, according to CoinGecko.
• The filing precedes formal registration with the Securities and Exchange Commission (SEC).
• There is a growing trend of crypto ETF applications beyond Bitcoin and Ethereum, including XRP, Solana, and others.

Bitwise Asset Management’s filing for a Delaware trust aims to establish an Aptos ETF, making it the first in the US to pursue a product holding APT tokens. This move reflects a broader expansion of crypto ETFs beyond major cryptocurrencies like Bitcoin and Ethereum.