Bitwise, a leading digital asset management firm, has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission for a spot exchange-traded fund (ETF) centered on Aptos. This regulatory submission follows the firm’s preliminary administrative procedures to register the trust entity in Delaware, marking a significant step toward offering investors regulated exposure to the Aptos blockchain.
Hunter Horsley, Chief Executive Officer of Bitwise, affirmed the filing and highlighted the Aptos Layer-1 blockchain’s remarkable development activity, which has surged by over 897% compared to other emerging blockchain platforms. Horsley emphasized the growing traction within the Aptos ecosystem, pointing to its expanding developer base and innovative applications as key drivers behind the decision to pursue an ETF. This move aligns with Bitwise’s strategy to provide institutional-grade investment products that capitalize on promising blockchain technologies, offering a structured avenue for market participation in the evolving digital asset landscape.
