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Bitwise Files for Innovative Aptos ETF in Delaware Amid Intense Altcoin ETF Race

  • Bitwise Asset Management has filed to establish a Delaware trust entity for its proposed Aptos exchange-traded fund (ETF).
  • The Aptos ETF, if approved by the SEC, would provide institutional and retail investors with exposure to APT tokens, driving mainstream adoption and increasing liquidity in the market.
  • Bitwise's move to launch an Aptos ETF follows the increasing interest in altcoins as investment instruments in the crypto space.
  • Aptos, a Layer-1 blockchain, recently witnessed a surge in price, rising by 8.83% to $6.12 over the past 24 hours.

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