Crypto asset manager Bitwise has filed an application with the U.S. Securities and Exchange Commission to list 11 crypto “strategy” exchange-traded funds (ETFs), including aave. un-exchange zcash , And .
Tuesday’s N-1A filing details an approach that involves investing up to 60% of a fund’s assets directly in the underlying token, with the remainder allocated to exchange-traded products and, potentially, derivatives such as futures and swaps.
The SEC filing was made the same day Grayscale submitted a filing to convert its Bittensor trust into an exchange-traded product. Barry Silbert, president of Grayscale, said in an article on
Bittensor operates as an open network that uses cryptoeconomic incentives to coordinate machine learning development, rewarding contributors of models and computing power with TAO. The project has attracted increasing attention as investors seek exposure to AI-related crypto assets beyond traditional smart contract platforms.
Bitwise’s applications highlight how quickly issuers are expanding beyond bitcoin and ether following the success of spot ETFs tied to the two largest cryptocurrencies. The company has already introduced spot ETFs linked to bitcoin, ether, solana and XRP, and has filed additional applications linked to assets such as sui and hyperliquid.
Other tokens mentioned in the filing are , , athena (ENA), canton coin (CC).
