Bitwise has filed for an Aptos ETF in Delaware, potentially making it the first U.S. firm to offer a spot APT ETF.
Author: Tanishq Bodh
Written On: Thu, 27 Feb 2025 10:05:55 GMT
Bitwise Asset Management has filed for an Aptos (APT) Exchange-Traded Fund (ETF) in Delaware, signaling a potential push for a spot Aptos ETF in the U.S. If approved, this would mark the first U.S.-based ETF holding APT tokens directly.
This filing follows the launch of multiple Aptos-based financial products in Europe, such as the Bitwise Aptos Staking ETP and 21Shares Aptos Staking ETP. The move reflects a growing demand for institutional exposure to Aptos, a Proof-of-Stake Layer 1 blockchain developed by Aptos Labs.
A spot ETF could provide greater liquidity and price stability for APT while making it more accessible to investors. While Bitwise has yet to file with the SEC, this registration is a strong signal of increasing institutional adoption and confidence in Aptos.
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