🤯 Altcoin Season Incoming? Bitwise Files for 11 New Crypto ETFs! 🚀
Bitwise just dropped a bombshell – filings with the SEC for 11 altcoin ETFs, going way beyond $BTC and $ETH! 💥 These aren’t just any alts; we’re talking about AAVE, UNI, $SUI, NEAR, STRK, $ZEC, TAO, and $HYPE – covering DeFi, Layer 1, Layer 2, privacy coins, and even AI.
This isn’t a spot ETF play either. Bitwise is going with a “strategy ETF” approach, aiming for around 60% direct token holdings, with the rest in ETPs, futures, and derivatives to ensure liquidity and compliance. This move comes hot on the heels of the $BTC and $ETH ETF approvals. Get ready, things are about to get interesting! 📈
#AltcoinETF #Bitwise #CryptoNews #ETF 🚀
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