Bitwise Files Application to Launch an Aptos ETF

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Bitwise Asset Management has initiated the process of launching an ETF focused on Aptos (APT) by filing for a Delaware trust associated with the proposed product.

This positions Bitwise as the first asset manager to seek the creation of an ETF specifically dedicated to Aptos.

The filing, dated February 25 with Delaware’s Division of Corporations, marks an initial step in registering the trust for the Aptos ETF.

However, this does not ensure immediate approval or the launch of the fund. Bitwise will next need to submit a formal application to the US Securities and Exchange Commission (SEC), which will include a detailed prospectus outlining the ETF’s structure, investment strategy, and approach to tracking Aptos.

The SEC will review the application over a period of several months.