Isabella García
Bitwise has officially submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), seeking approval for a spot Aptos exchange-traded fund (ETF). The proposed Bitwise Aptos ETF represents the latest step in expanding cryptocurrency investment products within the U.S. market.
This follows Bitwise’s recent move to file a registration application in Delaware last week, according to official regulatory records.
With the U.S. government showing increased openness toward digital asset ETFs, Aptos may join the ranks of other altcoin-based funds expected to launch in the near future. Bitwise has also submitted filings for Dogecoin (DOGE) and XRP ETFs, further solidifying its position as a leader in crypto asset management.
What is Aptos?
Aptos (APT) is currently ranked as the 36th largest cryptocurrency by market capitalization, valued at approximately $3.8 billion, according to PRIME’s Price Page. The Layer-1 blockchain, developed by Aptos Labs, aims to provide a highly scalable and efficient infrastructure for decentralized applications (dApps) and smart contracts.
Bitwise Expands Aptos Offerings in Global Markets
Bitwise has already made strides in bringing Aptos-based investment products to institutional investors. In November, the company launched an Aptos Staking ETP across six Swiss exchanges. Additionally, competitor 21Shares introduced a similar Aptos Staking ETP in Euronext Amsterdam and Paris, highlighting the growing institutional interest in Aptos within European markets.
As regulatory conditions evolve, Bitwise’s move to introduce an Aptos ETF in the U.S. marks another key step in bridging the gap between traditional finance and cryptocurrency investment opportunities.
