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Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration

Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration
Bitwise Asset Management has filed to establish a Delaware trust entity for a proposed Aptos exchange-traded fund (ETF). This makes Bitwise the first asset manager in the US to pursue an investment product that directly holds APT tokens. Aptos is currently ranked as the 36th largest crypto asset by market capitalization. This filing is part of a larger trend of asset managers expanding their crypto ETF applications to include a variety of cryptocurrencies beyond Bitcoin and Ethereum, such as XRP, Solana, Dogecoin, Cardano, Litecoin, and HBAR.

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