Bitwise files for 11 cryptocurrency strategy ETFs, involving tokens such as AAVE, UNI, ZEC, and others.

On December 31, 2023, asset management firm Bitwise submitted applications to regulators for 11 cryptocurrency strategy ETFs, covering a range of mainstream and emerging digital assets, including AAVE, UNI, ZEC, ENA, Hyperliquid, NEAR, STRK, SUI, TAO, TRX, and others. The proposed products include: Bitwise AAVE Strategy ETF, Bitwise UNI Strategy ETF, Bitwise ZEC Strategy ETF, Bitwise CC Strategy ETF, Bitwise ENA Strategy ETF, Bitwise Hyperliquid Strategy ETF, Bitwise NEAR Strategy ETF, Bitwise STRK Strategy ETF, Bitwise SUI Strategy ETF, Bitwise TAO Strategy ETF, Bitwise TRX Strategy ETF. The ticker symbols and management fee rates for these ETFs have not yet been announced. Documents indicate that the products are intended to take effect on March 16, 2026. In terms of investment strategy, the aforementioned ETFs plan to allocate approximately 60% of assets directly into the respective cryptocurrencies, with 40% invested in ETP products tracking those cryptocurrencies, and may also use derivatives to gain additional exposure.