Bitwise filed applications for 11 new cryptocurrency ETFs with the U.S. SEC on December 30, targeting AAVE, CC, ENA, HYPE, NEAR, STRK, SUI, TAO, TRX, UNI, and ZEC. These funds seek capital appreciation via 60% direct token holdings, 40% in ETPs and derivatives, with trading potentially starting March 16, 2026.
-
Bitwise cryptocurrency ETFs propose 60% direct exposure to specific tokens like AAVE and UNI for targeted growth.
-
Remaining 40% invests in crypto-linked ETPs and derivatives, including futures and swaps, for diversified access.
-
At least 80% of net assets will focus on the applicable token, ETPs, or derivatives under normal conditions, per SEC filings.
Bitwise files for 11 new cryptocurrency ETFs with SEC targeting AAVE, UNI & more. Explore strategies, regulations & launch timeline. Stay informed on crypto investment opportunities today!
What Are Bitwise’s New Cryptocurrency ETFs?
Bitwise cryptocurrency ETFs represent the firm’s latest expansion into regulated digital asset products, with filings submitted to the U.S. Securities and Exchange Commission (SEC) on December 30. These 11 proposed exchange-traded funds (ETFs) target specific cryptocurrencies, including AAVE, CC, ENA, HYPE, NEAR, STRK, SUI, TAO, TRX, UNI, and ZEC, aiming primarily for capital appreciation. The funds would achieve exposure through a mix of direct token ownership on digital asset platforms, investments in exchange-traded products (ETPs), and derivative instruments like futures and swaps.
How Do Bitwise Cryptocurrency ETFs Plan Their Asset Allocation?
According to SEC filing documents, each of the proposed Bitwise cryptocurrency ETFs intends to allocate approximately 60% of its assets directly to the corresponding cryptocurrency token. This direct holding strategy provides investors with unmediated exposure to the token’s price performance. The remaining 40% would be directed toward ETPs that track the same asset, supplemented by derivatives such as futures contracts and swap agreements referencing the applicable token or its ETP.
Under typical market conditions, at least 80% of the fund’s net assets, plus any borrowings, must be invested in the applicable token, related ETPs, or applicable token derivatives. Derivative positions are valued at their notional amount to meet this policy threshold. Purchases and sales of tokens occur on regulated digital asset trading platforms or via over-the-counter transactions with vetted third-party trading counterparties, ensuring compliance and liquidity. Fees and trading symbols remain undisclosed pending further SEC review.
Frequently Asked Questions
Which Cryptocurrencies Are Targeted in Bitwise’s 11 New ETF Filings?
Bitwise’s filings target 11 specific tokens: AAVE, CC, ENA, HYPE, NEAR, STRK, SUI, TAO, TRX, UNI, and ZEC. These ETFs would provide regulated exposure to these assets, selected for their market relevance and growth potential, through direct holdings, ETPs, and derivatives as outlined in SEC documents.
What Is the Expected Timeline for Launching Bitwise Cryptocurrency ETFs?
The proposed Bitwise cryptocurrency ETFs are slated to commence operations on March 16, 2026, according to filing details. This timeline aligns with SEC review processes, building on precedents from prior Bitcoin and Ethereum ETF approvals for faster market entry.
Key Takeaways
- Strategic Allocation: 60% direct token holdings paired with 40% ETPs and derivatives optimize exposure while managing risks in volatile markets.
- Regulatory Momentum: Follows SEC’s 2024 approval of 11 spot Bitcoin ETFs and fast-tracked Bitcoin-Ethereum products, signaling openness to altcoin funds.
- Investor Access: Enables retail and institutional investors to gain targeted crypto exposure via familiar ETF wrappers on traditional exchanges.
Bitwise’s Broader Regulatory Context
This filing underscores Bitwise’s aggressive push amid evolving U.S. regulations. The SEC approved 11 spot Bitcoin ETFs in January 2024, establishing a blueprint for crypto products. Bitwise itself secured accelerated approvals earlier in 2025 for spot Bitcoin and Ethereum ETFs, shortening the standard 240-day review to just 45 days. On January 30, 2025, the SEC accepted NYSE Arca’s 19b-4 filing for Bitwise’s combined Bitcoin and Ethereum ETF, citing similarities to prior approvals.
Precedents include December 2024 approvals for Hashdex and Franklin Templeton’s mixed Bitcoin-Ethereum ETFs. In July 2025, Bitwise’s bid to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot ETF faced a temporary halt after initial approval, mirroring Grayscale’s experience with its Digital Large Cap Fund (GDLC), which tracks BTC, ETH, XRP, SOL, and ADA. A Grayscale spokesperson noted the suspension as reflective of the “dynamic regulatory landscape,” with the firm committed to NYSE Arca listing.
SEC scrutiny emphasizes securities classification risks for certain tokens, yet approvals demonstrate maturing frameworks. Bitwise’s filings adapt by blending direct holdings with derivatives, addressing custody, liquidity, and valuation concerns raised in past reviews.
Investment Strategy Nuances
Each fund’s policy mandates transacting on compliant platforms, with over-the-counter options for efficiency. Derivative use enhances flexibility, valued notionally to satisfy the 80% investment threshold. This structure mirrors successful Bitcoin and Ethereum models, positioning Bitwise cryptocurrency ETFs for broad appeal.
Conclusion
Bitwise’s applications for 11 new cryptocurrency ETFs targeting AAVE, UNI, and others mark a pivotal step toward diversified, regulated digital asset investments. With clear allocation strategies and alignment to SEC precedents like 2024 Bitcoin ETFs and 2025 Ethereum approvals, these funds promise enhanced market access. Investors should monitor SEC developments closely for launch updates and opportunities in the expanding Bitwise cryptocurrency ETFs landscape.
Source: https://en.coinotag.com/bitwise-files-for-11-crypto-etfs-including-aave-near-uni-ahead-of-sec-review
