Bitwise has submitted a filing to the U.S. Securities and Exchange Commission (SEC) to launch a “Stablecoin & Tokenization ETF,” a product designed to track companies and crypto assets tied to stablecoins and tokenization.
According to the Tuesday filing, the ETF will track an index split evenly between equities and crypto assets, with quarterly rebalancing. The equity sleeve will include stablecoin issuers, infrastructure providers, exchanges, retailers, and payment firms. The crypto asset sleeve will focus on blockchain networks and oracles supporting tokenization and stablecoins.
Bitwise, founded in 2017, currently manages more than 20 crypto-linked ETFs in the U.S. The proposed product will compete with offerings such as Nicholas Wealth’s Crypto Income ETF (BLOX), which also blends equities and crypto exposure.
While the SEC has yet to respond, Bitwise declined to comment on ongoing filings. If approved, the ETF would provide U.S. investors broader access to the fast-growing stablecoin and tokenization sector through a regulated vehicle.
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