Bitwise Asset Management submits applications to the SEC for 11 new altcoin ETFs, including AAVE, UNI, ZEC, TAO, and others, blending direct token holdings with ETPs and derivatives.
Bitwise aims to launch the proposed fund on March 16, 2026, pending SEC approval, unlocking institutional capital for the targeted tokens.
Each Bitwise ETF strategy allocates up to 60% of assets directly into the target crypto, with the remaining 40% flowing into ETPs and derivatives to provide flexible exposure.
These ETFs mirror successful spot Bitcoin and Ethereum ETFs but adapt for altcoins lacking US spot approval, prioritizing capital growth under normal market conditions.
Bitwise’s filings specify NYSE Arca listing, with tickers and fees to be determined, marking the largest single-day crypto ETF submission by the firm.
Read more at Yahoo Finance: Bitwise Files For 11 New Crypto ETFs, Including Uniswap, Sui, Near
