Bitwise Registers Aptos ETF in Delaware, Expands Crypto Investment Products

• Bitwise has registered the Aptos ETF in Delaware, making it the first asset manager in the U.S. to launch an APT-based investment product.
• Aptos (APT) saw a price surge of 13% following the announcement, with its market position strengthening amid increasing institutional interest.
• Bitwise secured $70 million in funding from major investors, supporting its expansion in global crypto investment products and institutional-grade solutions.

The BITWISE APTOS ETF has obtained official Delaware registration from Bitwise Asset Management as the company advances toward introducing its Aptos exchange-traded fund (ETF) in the United States. The firm filed on February 25 to register a Delaware trust entity after establishing it before initiating SEC SEC registration processes.

Aptos ETF Registration Gains Traction in the U.S.

The registration establishes Bitwise as the leading asset manager in the United States to introduce a product that holds APT tokens directly. New trends in the crypto-focused ETF market have extended beyond Bitcoin and Ethereum with the addition of investment funds for Solana, Dogecoin, XRP, Cardano, and Litecoin.

After releasing the announcement about Aptos (APT) the market responded by pushing its price 13% higher. APt stood as the 30th largest cryptocurrency based on market capitalization according to the data on CoinMarketCap. The exchange token traded at $6.12 during time of writing while showing an 8.28% upward movement in its twenty-four-hour performance.

Bitwise Strengthens Global Crypto Offerings

The company expanded its business operations by introducing the Aptos Staking ETP for European customers after achieving U.S. registration. The strategic firm expansion follows its plan to deliver various crypto investment solutions such as index funds, alpha solutions and ETFs and non-custodial staking products. Bitwise maintains control of client assets reaching $12 billion by investing more than 30 different investment products.

The company also launched a Bitcoin exchange-traded product (ETP) on the SIX Swiss Exchange on November 19, 2024. The ETP, based on the Aptos platform, tracks the underlying asset while aiming for a net return of 4.7% after fees. This product is part of Bitwise Europe’s Total Return suite, targeting institutional investors looking for exposure to digital assets.

Institutional Interest in Crypto ETFs Grows

The Bitwise Aptos Staking ETP serves as an important milestone for institutional acceptance according to Aptos Labs CEO Mo Shaikh. His comments proved that the Aptos blockchain demonstrates both its high speed and dependable reliability through this product. The ETP facilitates regulated exposure to blockchain for institutional investors according to Bradley Duke who heads Bitwise Europe operations.

On November 14 of 2022 the Bitcoin Staking ETP was introduced by 21Shares launching at Euronext Amsterdam and Euronext Paris. The firm introduced its first ETP in Europe that tracked Aptos (APT) after successfully launching products based on Solana and SUI.

The company gained significant investments from various investors including financial institutions when it received a $70 million funding round on February 25 during their latest announcement. A total of Electric Capital, MassMutual, Highland Capital, ParaFi Capital, Khosla Ventures, General Catalyst together with other participants participated. These investments verify the firm’s dedication to creating advanced crypto investment products combined with institutional-level platforms.