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Bitwise a leading crypto fund manager has taken a significant step in expanding its digital asset offerings by registering the Bitwise Aptos ETF in Delaware. The registration recorded on the state’s official government portal on February 25 indicates preparations to pursue a formal S-1 registration with the U.S. Securities and Exchange Commission. This move is a part of Bitwise’s strategy to diversify its exchange-traded products focusing on cryptocurrencies.
Earlier efforts by Bitwise to cater to the crypto market include launching the Aptos Staking ETP on six Swiss exchanges back in November. Hunter Horsley Bitwise CEO expressed enthusiasm about the inclusion of digital assets in diversified portfolios highlighting the success of their Bitcoin and Ethereum spot ETPs in the U.S. This has sparked increased interest and investment in digital assets among a broad range of investors this year.
Adding to their innovative approach Bitwise also filed for a Doge ETF in Delaware this January and continues to develop its product suite in line with growing investor interest in cryptocurrencies. Other entities like 21Shares have also expanded their presence in the digital asset space launching similar products in Euronext Amsterdam and Paris further emphasizing the growing acceptance and enthusiasm for cryptocurrency investments.