Bitwise files for 11 crypto ETFs tracking altcoins like Aave, Zcash
Bitwise filed for 11 crypto Exchange Traded Funds (ETFs) with the US Securities and Exchange Commission (SEC) on Tuesday, with the aim to offer exposure to Aave (AAVE), Zcash (ZEC), Ethena (ENA), and other altcoins. Despite the shift in institutional interest from Bitcoin (BTC) to altcoins, Bitcoin’s dominance remains around 60%, suggesting the chances of an altcoin season are low.
Bitwise files for 11 new crypto ETFs
Bitwise, a crypto asset management fund, filed for 11 new crypto ETFs with the US SEC on Tuesday, expanding its offering to include niche altcoins such as Aave, Uniswap, Zcash, Canton, Ethena, Hyperliquid, Near Protocol, Starknet, Sui, Bittensor, and Tron. While the ticker code and fees are yet to be determined, the…
