Bitwise Files With SEC For Stablecoin And Tokenization ETF

TheCryptoTimesPublicado em 2025-09-16Última atualização em 2025-09-16

Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) for the Bitwise Stablecoin & Tokenization ETF, a new fund designed to capture exposure to companies and crypto assets driving the rise of stablecoins and tokenized finance.

Fund structure and strategy

According to the filing, the ETF will mirror the Bitwise Stablecoin & Tokenization Index, investing at least 80% of its assets in two “sleeves.” The equity sleeve will target up to 20 major companies tied to stablecoin issuance, tokenization infrastructure, exchanges, payment processors, and retailers. 

The crypto asset sleeve will hold exchange-traded products and oracles that support blockchain infrastructure, with individual weightings capped to prevent outsized exposure. The fund will not invest directly in cryptocurrencies.

Regulatory Momentum Aligns with Filings

Bloomberg analyst Eric Balchunas said Bitwise’s Stablecoin & Tokenization ETF could launch by Thanksgiving if approved, coming just days after the firm filed for an Avalanche (AVAX) ETF in a clear signal of its aggressive crypto strategy.

The timing aligns with growing regulatory attention: the Federal Reserve is hosting a conference next month on tokenized financial products, while SEC Chair Paul Atkins has called for relief measures to keep U.S. investors competitive in tokenized markets.

If approved, Bitwise’s fund would join a crowded pipeline of crypto ETF proposals, entering a space where Coinbase and Kraken are exploring tokenized equities that could rival traditional brokerages, even as industry groups warn of unresolved risks around settlement and ownership rights.

By targeting both stablecoin infrastructure and tokenized assets, Bitwise is betting that the next wave of adoption will blur the line between crypto and traditional markets. The fund’s approval would not only test the SEC’s evolving stance on tokenization but could also accelerate competition between crypto-native firms and Wall Street incumbents.

Also read: HYPE Whale Unstakes $107M, Raising Fears of a Sell-off


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