Bitwise has filed with the SEC for approval to launch 11 single-token “strategy” ETFs. According to reports, these ETFs are tied to major altcoins. The filing indicates Bitwise's intention to expand its product offerings further into the altcoin market. The development represents a move to provide more targeted investment vehicles focused on individual cryptocurrencies beyond Bitcoin and Ethereum. The outcome of the SEC's review will determine whether these products can be offered to investors.

Bitwise has filed with the SEC for approval to launch 11 single-token “strategy” ETFs. According to reports, these ETFs are tied to major altcoins. The filing indicates Bitwise's intention to expand its product offerings further into the altcoin market. The development represents a move to provide more targeted investment vehicles focused on individual cryptocurrencies beyond Bitcoin and Ethereum. The outcome of the SEC's review will determine whether these products can be offered to investors.