Bitwise plans to launch a “Stablecoin & Tokenization ETF” to track an index of companies involved in stablecoins and tokenization, including crypto ETPs with Bitcoin and Ether exposure. The fund will have an equity sleeve and a crypto asset sleeve, each making up half of the fund, with rebalances quarterly.

The stablecoin market has grown to $289.7 billion, up from $205 billion earlier this year, with a surge in tokenized real-world assets reaching about $76 billion. The US regulatory shift post-President Trump’s inauguration has boosted growth, leading to a wave of ETF filings, including Bitwise’s new proposal.

SEC has delayed decisions on ETF proposals until October and November, with Bitwise’s ETF likely to launch in November if approved. The fund will face competition from other ETFs like Nicholas Wealth’s Crypto Income ETF (BLOX), combining equities and crypto-linked exposure.

Read more at Cointelegraph: Bitwise files Stablecoin & Tokenization ETF with SEC