Bitwise Goes Wild with 11 New Crypto ETFs – You Won’t Believe What They’re Investing In!

Hold onto your wallets, folks! 🎩 Bitwise Asset Management has decided that one ETF is just not enough, so they’ve filed for a whopping eleven new funds! That’s right, eleven-because who doesn’t want more of something they can barely understand? 😂

This fund extravaganza is set to dive headfirst into the wacky world of cryptocurrencies like Tron (TRX) at a bargain price of $0.28! 🤑

  • 24h volatility: 0.8% 📈
  • Market cap: $26.79 billion 💰
  • Volume in the last 24 hours: $435.39 million 💸

And let’s not forget Zcash (ZEC), which is currently strutting around at $526.00! 💃

  • 24h volatility: 1.8% 📉
  • Market cap: $8.66 billion 💵
  • Volume in the last 24 hours: $726.62 million 💳

Next on their crypto buffet is Aave (AAVE) at a steal of $149.50. Why buy a cup of coffee when you can own a piece of this? ☕️

  • 24h volatility: 0.4% 📊
  • Market cap: $2.27 billion 💲
  • Volume in the last 24 hours: $145.87 million 💱

What about Ethena (ENA)? It’s just $0.21! You might as well grab a handful! 🍬

  • 24h volatility: 0.8% 📉
  • Market cap: $1.58 billion 💳
  • Volume in the last 24 hours: $97.11 million 💪

Then there’s Hyperliquid (HYPE) priced at $25.76-perfect for those who want a splash of excitement without breaking the bank! 💦

  • 24h volatility: 0.1% 😴
  • Market cap: $6.14 billion 💰
  • Volume in the last 24 hours: $147.77 million 🚤

And last but not least, Bittensor (TAO) at an impressive $223.00. Who knew digital coins could be so fancy? 🥳

  • 24h volatility: 1.4% ⚡
  • Market cap: $2.14 billion 🏦
  • Volume in the last 24 hours: $54.28 million 🐢

Meanwhile, Bitwise is waiting with bated breath for the SEC to approve their altcoin ETF filings. Because what’s more fun than waiting for government approval? 🙄

Bitwise Takes Privacy to the Next Level! 🔒

On December 30, the SEC received new N-1A form applications from Bitwise. Yes, they’re back for more! 🎉

The asset manager wants to launch a set of “strategy” ETFs that will invest directly and indirectly in cryptocurrencies. Sounds fancy, right? 💼

Each fund is designed to put about 60% of its assets into a single token-because who needs diversification? 🥴

And the other 40%? Well, that’ll be in ETPs that also provide exposure to the same token. It’s like investing in the same sandwich twice! 🥪

Some of the crypto stars included are AAVE, Canton (CC), ENA, HYPE, Near Protocol (NEAR) at $1.51, Starknet (STRK) at $0.0782, Sui (SUI) at $1.45, TAO, TRX, Uniswap (UNI) at $5.91, and ZEC. What a party! 🎊

Per the filing with the SEC, each fund may even dabble in derivatives contracts. Futures? Swaps? Oh my! 🎢

Even with some pending applications, Bitwise is clearly ready to roll the dice on the crypto market. They must be feeling lucky! 🍀

Waiting for the SEC to Give the Thumbs Up on the AVAX ETF! 👍

On October 28, Bitwise became the first spot crypto ETF issuer to launch a Solana fund. Talk about being a trendsetter! 🌟

The Bitwise Solana Staking ETF (BSOL) comes with a 0.20% annual sponsor fee, which is waived for three months on the first billion in assets. That’s a deal you can’t refuse! 🤑

This fund also aims to generate more SOL through staking-because why just sit there when you can multiply your coins? 💫

And don’t forget about Bitwise’s Avalanche ETF application, which is still waiting for its moment in the spotlight. It’s like waiting for the next big blockbuster! 🎬

The AVAX ETF is set to be listed under the ticker symbol “BAVA,” with a management fee of 0.34%-waived for the first month or until it hits $500 million in AUM. What a way to reel in those investors! 🎣

Read More

2025-12-31 14:51