Bitwise registers Aptos ETF entity and is preparing to apply for listing with the SEC?
According to The Block, cryptocurrency asset management company Bitwise has registered an Aptos ETF entity in Delaware.
The official registration portal shows that the "Bitwise Aptos ETF" was registered on February 25th. This type of registration typically indicates that the fund management company is ready to submit an S-1 registration application to the U.S. Securities and Exchange Commission (SEC).
Bitwise It is one of several asset management companies that have launched cryptocurrency spot ETFs in the United States. The company launched Aptos Staking ETP on six exchanges in Switzerland in November last year. At the time, Hunter Horsley, CEO and co-founder of Bitwise, said about the listing in Switzerland:
With the launch of Bitcoin and Ethereum spot ETP in the United States, a large number of investors have started researching and adding digital assets to their investment portfolios
21Shares also launched Aptos Staking ETP on the Euronext stock exchange in Amsterdam and Paris in November last year. In addition, Bitwise recently submitted a registration application for the Doge ETF in Delaware in January.
At the time of this announcement, multiple ETF management companies are competing to submit their applications for altcoin ETFs. For example, Grayscale submitted a 19b-4 proposal to the SEC on Tuesday to list the Grayscale Polkadot Trust. Canary Capital also submitted a 19b-4 application earlier this week, planning to launch a spot HBAR ETF.
