Bitwise Files for 11 Altcoin ETFs as Crypto ETF Momentum Grows

TheNewsCryptoОпубліковано о 2026-01-13Востаннє оновлено о 2026-01-13

Анотація

Bitwise Asset Management has filed with the U.S. SEC for approval of 11 new altcoin ETFs, marking a significant milestone in the crypto ETF space. The proposed funds would include exposure to tokens such as Uniswap (UNI), Aave (AAVE), Tron (TRX), Sui (SUI), Zcash (ZEC), and NEAR. The structure allocates 60% of assets to direct cryptocurrency holdings and 40% to ETFs or derivatives tracking similar assets, aiming to comply with regulations while ensuring liquidity and cost efficiency. This filing coincides with a period of mixed market performance: Bitcoin remains above $91k and Ethereum above $3,100 despite a recent 0.74% market dip. Bitcoin and Ethereum spot ETFs also saw positive net inflows after days of outflows.

Last month, Bitwise Asset Management filed with the Securities and Exchange Commission of the United States to look for the approval of 11 new exchange-traded funds (ETFs). These ETFs will focus on the prominent altcoins, which will mark a prominent milestone in the history of cryptocurrency ETFs in the U.S. regulatory area.

The crypto market plunged by 0.74% in the past 24 hours, with Bitcoin holding over $91k and Ethereum being above $3,100. Regardless of this fall, the market is looking for a potential recovery.

Yesterday, the net inflow of Bitcoin spot ETFs increased by $117 million in four days of continuous outflows. Ethereum spot ETFs also witnessed a positive net inflow of about $5.03 million after a continuous three-day outflow.

The inflow of Solana spot ETFs was listed to be at 10.67 million, and XRP spot ETFs was at 15.04 million. Some of the tokens which were listed in the Bitwise 11 Altcoin ETFs are Uniswap (UNI), Aave (AAVE), Tron (TRX), Sui (SUI), Zcash (ZEC) and NEAR.

The Bifurcation of Funds

The company has shown these funds in a way that institutional investors will be able to explore both old and new cryptocurrencies. These ETFs include direct token holdings, having exchange-traded products (ETPs) and derivatives to offer exposure to every cryptocurrency.

The funds will put around 60% of their assets straight into cryptocurrencies, and the remaining 40% will be invested in ETFs or derivatives tracking the similar assets. The structure is designed in a way to check that the products have cleared the SEC regulations but is still flexible to meet the liquidity needs and economical operations.

Having this hybrid approach, Bitwise is looking to roll out an easier method for investors to get into the altcoin market. Bitwise filing came at the time of the issuance of new listing standards of cryptocurrency exchange-traded products by the SEC.

Highlighted Crypto News Today:

Eric Adams’ Solana Meme Coin NYC Crashes After $580M Peak

Пов'язані питання

QHow many new altcoin ETFs did Bitwise Asset Management file for with the SEC?

ABitwise Asset Management filed for 11 new altcoin ETFs with the SEC.

QWhat was the net inflow for Bitcoin spot ETFs after four days of continuous outflows?

AThe net inflow for Bitcoin spot ETFs increased by $117 million after four days of continuous outflows.

QWhat percentage of the new Bitwise ETFs' assets will be directly in cryptocurrencies?

AApproximately 60% of the new Bitwise ETFs' assets will be directly invested in cryptocurrencies.

QWhich specific altcoins are mentioned as being included in the Bitwise 11 Altcoin ETFs filing?

AThe specific altcoins mentioned are Uniswap (UNI), Aave (AAVE), Tron (TRX), Sui (SUI), Zcash (ZEC), and NEAR.

QWhat is the purpose of the hybrid structure (direct holdings, ETPs, derivatives) for the proposed Bitwise ETFs?

AThe hybrid structure is designed to ensure the products comply with SEC regulations while remaining flexible to meet liquidity needs and enable economical operations.

Пов'язані матеріали

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit9 хв тому

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit9 хв тому

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbit9 хв тому

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbit9 хв тому

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit1 год тому

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit1 год тому

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit2 год тому

How to Make Yourself Irreplaceable by AI Forever

marsbit2 год тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru5 год тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru5 год тому

Торгівля

Спот