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Bitwise submits 11 cryptocurrency ETF applications to US SEC, covering AAVE, UNI tokens

Summary: Bitwise reportedly submitted 11 new cryptocurrency ETF applications to the U.S. Securities and Exchange Commission on December 30. The proposed products include Bitwise AAVE Strategy ETF, Bitwise UNI Strategy ETF, Bitwise ZEC Strategy ETF, Bitwise CC Strategy ETF, Bitwise ENA Strategy ETF, Bitwise Hyperliquid Strategy ETF, Bitwise NEAR Strategy ETF, Bitwise STRK Strategy ETF, Bitwise ...

Bitwise reportedly submitted 11 new cryptocurrency ETF applications to the U.S. Securities and Exchange Commission on December 30. The proposed products include Bitwise AAVE Strategy ETF, Bitwise UNI Strategy ETF, Bitwise ZEC Strategy ETF, Bitwise CC Strategy ETF, Bitwise ENA Strategy ETF, Bitwise Hyperliquid Strategy ETF, Bitwise NEAR Strategy ETF, Bitwise STRK Strategy ETF, Bitwise SUI Strategy ETF, Bitwise TAO Strategy ETF, and Bitwise TRX Strategy ETF. The trading codes and management fees for these ETFs have not been disclosed yet. The investment strategy involves allocating approximately 60% of assets directly to the underlying cryptocurrency, around 40% to ETP products investing in the cryptocurrency, and potentially using derivative tools to gain exposure to related assets.

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