Bitwise Seeks SEC Approval for 11 Crypto ETFs Tracking Major Digital Assets

TLDR

Table of Contents

Bitwise filed 11 crypto strategy ETFs to invest directly and indirectly in tokens.
Proposed ETFs cover Bittensor Tron Uniswap Aave Ethena Hyperliquid and others.
Each ETF may hold up to 60 percent directly in the underlying cryptocurrency.
Bitwise has filed S-1 statements for spot Sui and amended filings for Hyperliquid.

Crypto asset manager Bitwise has taken another step to expand its presence in the U.S. exchange-traded fund market by filing for a new set of crypto-focused products. The company submitted applications covering 11 strategy-based ETFs linked to a wide range of digital assets.

The move comes as asset managers seek to build on demand created by earlier bitcoin and ether ETF approvals. Bitwise’s filings point to a continued effort to offer diversified crypto exposure through regulated investment vehicles.

Bitwise files 11 crypto strategy ETFs with the SEC

Bitwise submitted the applications on Tuesday through an N-1A registration filing with the U.S. Securities and Exchange Commission. The filing outlines a group of strategy ETFs designed to gain exposure to cryptocurrencies through a mix of holdings.

Each proposed fund would invest both directly in a digital asset and indirectly through related exchange-traded products. This structure allows the funds to hold tokens while also using existing market instruments for added exposure.

According to the filing, each ETF may allocate up to 60% of its assets directly to the underlying cryptocurrency. The remaining assets would be invested in exchange-traded products that track the same token. The funds may also use derivatives, including futures contracts and swap agreements, where permitted. Bitwise stated that these tools would support portfolio construction and liquidity management.

Range of assets includes Bittensor, Tron, and DeFi tokens

The proposed ETFs are designed to track a wide group of digital assets across several crypto sectors. The list includes Bittensor (TAO), Tron (TRX), and Uniswap (UNI), along with other established tokens.

Additional assets named in the filing include Aave, Ethena (ENA), Hyperliquid (HYPE), and NEAR. The lineup also covers Starknet (STRK), Sui, Canton (CC), and Zcash (ZEC).

By covering both infrastructure and application-focused tokens, the filings reflect a broad asset selection. The strategy ETFs would allow investors to access these assets through a single regulated product. Bitwise did not provide specific timelines for when the ETFs could begin trading.All products remain subject to regulatory review and approval by the SEC.

Filings build on earlier Bitwise ETF launches

The latest filings follow a series of crypto ETF launches by Bitwise earlier this year. In October, the firm became the first issuer to launch a spot Solana ETF in the United States. It later introduced ETFs tied to XRP and Dogecoin in the following month. These products were launched after strong inflows into spot bitcoin and ether ETFs.

Bitwise has also continued to submit new filings beyond these launches. The firm recently filed an S-1 registration statement for a spot Sui ETF. It also submitted an amended registration statement linked to a Hyperliquid ETF. Together, these efforts show a steady expansion of Bitwise’s crypto ETF lineup.

Market backdrop and outlook into 2026

The new filings come during a period of weaker price action across crypto markets. Bitcoin and several major tokens declined during the fourth quarter of the year. Despite this slowdown, Bitwise has maintained a positive outlook for the coming period. Company executives have pointed to changing market conditions as support for digital assets.

Earlier this month, Bitwise Chief Investment Officer Matt Hougan shared views on bitcoin’s longer-term path. He said bitcoin could move beyond its historical four-year cycle and reach new highs in 2026.

Hougan cited reduced leverage risks, expectations for lower interest rates, and rising institutional participation. He also noted that crypto markets may rely more on sector-specific drivers than equity market trends.