U.S. Regulation

Bitwise Files For 11 New Crypto ETFs Tracking Bittensor, Tron and Others

Crypto asset manager Bitwise has filed applications for 11 new cryptocy exchange-traded funds with the U.S. Securities and Exchange Commission. In an N-1A form filed Tuesday, Bitwise sought to launch a set of “strategy” ETFs, which make both direct and indirect investments in a cryptocy. Each fund will invest up to 60% of its assets directly in a token, while the remainder will be invested into one or more exchange-traded products that provide exposure to the token.

The funds may also invest in derivatives contracts, such as futures contracts and swap agreements, the filing noted. Tuesday’s set of applications includes strategy ETFs seeking to track Aave, Canton (CC), Ethena (ENA), Hyperliquid (HYPE), NEAR, Starknet (STRK), Sui, Bittensor (TAO), Tron (TRX), Uniswap (UNI), and Zcash (ZEC).

With the record-breaking success of spot bitcoin and Ethereum ETFs, Bitwise quickly moved to launch products tracking other major cryptocurrencies. In October, it became the first issuer to launch a spot Solana ETF in the U.S., and subsequently launched XRP and Dogecoin ETFs in the following month.

Bitwise also recently filed an S-1 registration statement with the SEC for a spot Sui ETF, and an amended statement for a Hyperliquid ETF. While bitcoin and the broader cryptocy market slumped over the fourth quarter, Bitwise stood firm on its bullish outlook for the coming year.

Earlier this month, Bitwise Chief Investment Officer Matt Hougan said bitcoin is likely to defy its historical four-year market cycle and reach new all-time highs in 2026. Hougan pointed to the diminishing impact of successive bitcoin halvings, expectations for falling interest rates, and a reduction in leverage-driven blowups. He also predicted that institutional adoption will accelerate in the new year.

Bitcoin’s correlation with the equity market could also fall in 2026, Hougan added, pointing to crypto-specific drivers, including regulatory progress and institutional inflows, to support digital assets even if equities face pressure from valuation concerns and slower economic growth. Earlier this month, Bitwise Chief Investment Officer Matt Hougan said bitcoin is likely to defy its historical four-year market cycle and reach new all-time highs in 2026. 

Hougan pointed to the diminishing impact of successive bitcoin halvings, expectations for falling interest rates, and a reduction in leverage-driven blowups. He also predicted that institutional adoption will accelerate in the new year. Bitcoin’s correlation with the equity market could also fall in 2026, Hougan added, pointing to crypto-specific drivers, including regulatory progress and institutional inflows, to support digital assets even if equities face pressure from valuation concerns and slower economic growth.

Terron Gold

Recent Posts

Coinbase Customer Data Exposed in Third-Party Analytics Breach as Exchange Confirms Funds Remain Secure

Coinbase has confirmed that customer contact information and limited transaction data were exposed following a…

1 day ago

Utah Files 14 Criminal Charges Against Kalshi as CFTC Fights States Over Prediction Markets

Utah Attorney General Derek Brown has filed 14 criminal charges against prediction market platform Kalshi…

1 day ago

Polygon and Solana Join Forces to Bring Stablecoin Payments to Banks and Businesses Worldwide

Polygon Labs and the Solana Foundation have announced a major partnership to connect Solana's rapidly…

1 day ago

Bithumb Hack Exposes Sensitive Data of 844 Customers and 715 Employees as South Korea Investigates Cyberattacks

South Korean cryptocy exchange Bithumb has confirmed a cybersecurity breach that exposed sensitive personal information…

2 days ago

Georgia Confirms Anthropic AI Agent Accessed Public Election Data Without Breaching Voter Systems

Georgia Secretary of State Brad Raffensperger has confirmed that an artificial intelligence agent developed by…

2 days ago

Google Unveils Crypto Custody Security Platform for Banks With 2027 Launch Planned

Google Cloud has introduced Google Multi-Party Compute (MPC), a new cryptocy custody security platform designed…

3 days ago