Major Crypto Breakthrough: Bitwise Files for Aptos ETF with the US SEC!

Jakarta, Pintu News – The United States crypto market is witnessing a big move from Bitwise Asset Management with their filing to create the Aptos (APT) ETF.

The move is expected to bring more exposure for American investors to Aptos, which is one of the rising crypto assets.

Bitwise Makes a Bold Move with Aptos ETF Filing

Bitwise Asset Management recently filed documents for the Aptos ETF at the US Securities and Exchange Commission (SEC). This filing follows the registration of an entity in Delaware named “Bitwise Aptos ETF”.

Read also: Pi Network Crashes 7% Today (March 7, 2025) – Founder Drops Cryptic Message!

Aptos, which is the 36th largest token by market capitalization with a value of over $3.8 billion, offers layer-1 blockchain technology to thousands of users and developers. This ETF filing comes at a good time when the United States SEC seems to be building a more crypto-friendly regulatory block.

Bitwise, which has successfully launched Aptos staking ETFs on six Swiss exchanges, is now looking to bring similar opportunities to American investors. This demonstrates Bitwise’s efforts to expand its reach and capitalize on Aptos’ proof-of-stake (PoS) model.

Market Reaction and Future Outlook

Citing a report by BeInCrypto (6/3/25), the ETF filing by Bitwise has sparked a positive reaction in the market, with Aptos prices surging by more than 18%. This marks a growing optimism among investors, especially after President Trump’s announcement of a Crypto Reserve plan that also includes “Made in USA” crypto assets like Aptos.

This price increase is also driven by the Trust’s previous document filing which has led to a 10% spike in price. In addition, the SEC is currently facing numerous Crypto ETF applications, which is creating a long queue for processing.

Read also: 4 Altcoin Likely to Be Added to the U.S. Crypto Strategic Reserve!

While Aptos may not be at the top of the list, the success of its initial filing and the positive market reaction give hope for the prospects of this ETF. This success also indicates Aptos’ growth potential in the US market, which could be a positive catalyst for its exchange rate.

Bitwise’s Growing Influence in the Crypto ETF Space

Bitwise is not only focused on Aptos, but has also been trialing ETFs based on other crypto assets such as Dogecoin DOGE3.08%->Current DOGE PriceRp 2.8773.08%Market CapRp 914,37 TriliunTrading VolumeRp 74,07 TriliunCirculating SupplyRp 147,24 Miliar and Ripple XRP2.40%->Current XRP PriceRp 39.3862.40%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0. This shows Bitwise’s strategy to expand its product portfolio amid policy changes by the new SEC leadership.

This move could pave the way for more crypto products to hit the Wall Street market. With the end of several cases against major industry service providers such as Coinbase and the formation of a new Crypto Task Force by the SEC, the relationship between regulators and the blockchain industry seems to be on the mend.

This could give Bitwise and other companies more room to develop innovative crypto ETF products that meet the needs of diverse investors.

Overall, the filing of the Aptos ETF by Bitwise marks an important step in the evolution of the crypto market in the United States. With potential regulatory support and a positive market reaction, the future looks bright for Aptos and other crypto ETFs.

Investors and market watchers will await the SEC’s decision with great anticipation, which will determine the future direction of the crypto market.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Bitwise Aptos ETF filing with SEC. Accessed on March 7, 2025
• Cointelegraph. Bitwise files spot list of Aptos ETF with SEC. Accessed on March 7, 2025
• Crypto News. Bitwise files Aptos ETF with US SEC. Accessed on March 7, 2025