Bitwise Files for Eleven New Crypto ETFs Linked to Leading Altcoins
- Bitwise submitted an application to the U.S. SEC on December 30 for eleven new crypto exchange-traded funds (ETFs).
- 60% of the assets in these ETFs will be invested directly in cryptocurrencies, while the remaining 40% will go into ETPs and derivatives.
- The ETFs will track assets such as ZEC, HYPE, and SUI, with a planned launch date of March 16, 2026.
- Grayscale recently filed to convert its Zcash Trust into a spot ZEC ETF, reflecting growing investor interest in privacy-focused assets.
- Bitwise’s recent successes include launching the first U.S. spot Solana ETF and XRP funds in late October and November.
The move by Bitwise highlights a strategic approach to balancing direct cryptocurrency exposure with existing ETF frameworks, aiming to attract institutional investors through innovative fund structures.
With plans for eleven new ETFs, including those linked to ZEC and SUI, Bitwise continues to expand its portfolio following recent successful launches.
