Bitwise Asset Management has submitted applications to the U.S. Securities and Exchange Commission (SEC) for 11 new cryptocurrency strategy Exchange-Traded Funds (ETFs). The filings, made on December 30, 2025, represent a significant push to expand regulated crypto investment products beyond Bitcoin and Ethereum.
The proposed ETFs target a diverse range of altcoins, including AAVE, Uniswap (UNI), Zcash (ZEC), Ethena (ENA), Hyperliquid (HYPE), NEAR, Starknet (STRK), Sui (SUI), Bittensor (TAO), TRON (TRX), and Canton (CC). This selection covers key crypto sectors such as DeFi, privacy coins, layer-1 blockchains, and AI-linked tokens.
Each fund will employ a hybrid structure designed for regulatory approval. At least 60% of the fund's assets will be held directly in the underlying cryptocurrency tokens. The remaining 40% may be allocated to futures, derivatives, or other exchange-traded products (ETPs) linked to the same tokens. This model aims to provide stronger direct market exposure than futures-only ETFs while maintaining liquidity and staying within the SEC's regulatory comfort zone.
If approved by the SEC, the funds are slated to launch around March 16, 2026. This move builds on Bitwise's recent successes, including the launch of the first U.S. spot Solana ETF and funds linked to XRP and Dogecoin. The filings indicate growing institutional confidence and demand for exposure to a wider array of digital assets in a market now valued at approximately $3 trillion.
