Bitwise submits 11 crypto ETF applications at once, covering major coins like AAVE, UNI, NEAR, and others.

【BitPush】Has taken new action again. Bitwise has submitted 11 ETF applications to the US SEC all at once, on December 30th. These products cover a wide range — from DeFi ecosystems like AAVE and UNI, to privacy coins like ZEC, to emerging public chains such as NEAR, SUI, Hyperliquid, and popular tokens like TAO, STRK, ENA, TRX, etc., basically including the mainstream assets of today.

How exactly will they operate? According to the filing documents, the core strategy of these ETFs is a dual-asset allocation model. Approximately 60% of the assets are directly held in the corresponding cryptocurrencies, while the remaining 40% are invested in ETP products that specifically track these tokens — similar to using a combination of spot and derivatives to gain exposure. The advantage of this design is that it allows for direct ownership of assets while also providing flexible risk management through derivatives.

However, the current application documents do not yet disclose the trading codes or management fee rates for these ETFs; it is expected that these details will be revealed gradually later. This move reflects traditional financial institutions’ ongoing deepening engagement with the crypto asset ecosystem, and the selection of tokens is quite interesting — covering both established DeFi projects and the latest high-performance public chains and AI-related assets.