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Major move in the crypto ETF space: Bitwise has submitted applications for 11 new altcoin ETFs spanning AAVE, UNI, ZEC, XEC, ENA, HYPE, NEAR, STRK, SUI, TAO, and TRX.
This marks a significant expansion in spot crypto ETF offerings. The filing covers a diverse range of protocols and assets—from DeFi giants to layer-1 platforms to newer ecosystem tokens. If approved, these products would provide traditional investors with regulated exposure to some of the market's most watched altcoins.
The timing is notable as institutional interest in crypto assets continues evolving. Whether all 11 make it through remains to be seen, but the sheer scope suggests growing appetite from established financial players to broaden their crypto product lineup.