Breaking News: Bitwise Submits Paperwork for Aptos ETF in the U.S.! TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
Bitwise, a significant entity in cryptocurrency asset administration, has formally registered with the SEC to introduce a spot Aptos (APT) ETF. This action occurs after Bitwise effectively launched a comparable offering for European merchants on half a dozen Swiss exchanges.
Aptos, presently rated as the 36th biggest digital currency with an industry capitalization exceeding $3.8 billion, is a Layer-1 blockchain recognized for its ground-breaking technology. Bitwise already uses Aptos’ proof-of-stake version in its European Aptos staking ETF, enabling shareholders to generate crypto yields via a controlled investment platform.
With a probable move toward more accommodating crypto rules in the United States, the SEC is currently experiencing a rise in ETF applications beyond simply Bitcoin and Ethereum. Businesses such as Bitwise are investigating the opportunities of ETFs based on resources like Dogecoin (DOGE) and XRP, with demands also submitted for Litecoin (LTC) and Solana (SOL) funds.
Although the destiny of these offerings remains unsure, a possible new Republican administration at the SEC under Donald Trump could prepare for a more adaptable method to approvals. The SEC has lately been striving to fix connections with the blockchain sector, finishing situations against significant entities like Coinbase and creating a devoted crypto job force.
