In a move to capitalize on the growing interest in digital assets, cryptocurrency investment firm Bitwise has submitted proposals to the U.S. Securities and Exchange Commission (SEC) for 11 different exchange-traded funds (ETFs). The filings, made via an N-1A form on Tuesday, aim to introduce a series of “strategy” ETFs designed to offer investors diversified exposure to various cryptocurrencies through a mix of direct and indirect holdings.
These proposed funds represent a hybrid approach to crypto investing.
According to the documentation, each ETF will allocate up to 60% of its portfolio directly into the underlying digital token.
The balance will be directed toward one or more exchange-traded products (ETPs) that mirror the token’s performance, providing an additional layer of exposure.
To enhance flexibility and manage risk, the funds could also incorporate derivatives instruments, including futures contracts and swap agreements.
This structure allows for strategic adjustments in response to market dynamics while maintaining a focus on the targeted asset.
The lineup covers a diverse array of cryptocurrencies, reflecting Bitwise’s aim to broaden access beyond the mainstream players.
The applications include strategy ETFs tied to Aave, a decentralized lending protocol; Canton (CC), known for its enterprise blockchain solutions; Ethena (ENA), a synthetic dollar protocol; Hyperliquid (HYPE), a high-performance decentralized exchange; NEAR, a scalable blockchain platform; Starknet (STRK), an Ethereum layer-2 scaling network.
The application also includes Sui, a high-throughput blockchain; Bittensor (TAO), an AI-focused decentralized network; Tron (TRX), a content-sharing blockchain; Uniswap (UNI), the leading decentralized exchange; and Zcash (ZEC), a privacy-centric cryptocurrency.
This latest initiative builds on Bitwise’s track record of supporting crypto investment products amid the growth of spot Bitcoin and Ethereum ETFs, which have shattered records in inflows and adoption.
Seizing the momentum, Bitwise October rolled out the U.S.-based spot Solana ETF, granting investors direct access to the popular smart contract platform.
The following month, the firm expanded further with launches of spot XRP and Dogecoin ETFs, catering to enthusiasts of these high-profile altcoins.
In recent developments, the company lodged an S-1 registration statement with the SEC for a dedicated spot Sui ETF, alongside an updated filing for a Hyperliquid ETF.
These efforts underscore Bitwise‘s strategy to stay ahead in a competitive landscape, where regulatory approvals for crypto products are accelerating under the pro- innovation and crypto-friendly Trump Administration.
As the crypto market matures, these strategy ETFs could democratize access to niche tokens, blending traditional finance tools with blockchain advancements. However, most of these tokens remain quite speculative and have not really done well in terms of price actions during this latest crypto market cycle.
Crypto-assets investors are now watching closely, anticipating how these funds might reshape portfolios in an increasingly digital economy.
With the SEC‘s review process now underway, Bitwise’s filings signal continued optimism for mainstream crypto integration, potentially attracting billions in new capital in 2026 and beyond.
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