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Bitwise Files for $APT ETF
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This move shows the company’s eagerness to make crypto investing more accessible and regulated.
Bitwise Takes Step Toward $APT ETF, Potentially Boosting Crypto Access
Traditional finance has been slow to adapt, but Bitwise’s filing of the S-1 form for an $APT ETF could change that. The filing is the first step in seeking approval from the SEC to launch a new exchange-traded fund based on Aptos ($APT), a high-performance blockchain known for its speed and scalability. If approved, this could pave the way for more institutional money to flow into the crypto market and make it easier for average investors to jump in.
1/ @BitwiseInvest has filed an S-1 with the U.S. Securities and Exchange Commission to register a potential Aptos ETF.
This filing is the initial step toward offering an ETF linked to Aptos in the U.S. market. pic.twitter.com/cYTViiIW5p
— Aptos (@Aptos) March 5, 2025
For those who aren’t familiar, an S-1 filing is a document companies must submit to the SEC when they want to go public or introduce a new financial product, like an ETF. Bitwise’s move to file the S-1 for an $APT ETF shows that the company is serious about making $APT more mainstream.
More About Aptos
USDe has officially launched on Aptos, making it the third major stablecoin supported on the network, alongside USDT and USDC. By integrating Ethena Labs’ assets, Aptos now offers an even more robust option for liquidity, trading, and yield generation within its decentralized finance (DeFi) ecosystem.
USDe has landed on Aptos—which now supports the world’s three largest stablecoins.
By bringing @Ethena_Labs assets to Aptos, the ecosystem can take advantage of another powerful option for liquidity, trading, and yield generation in Aptos DeFi.
Money Moves Better on Aptos
… pic.twitter.com/IHndAkHydb
— Aptos (@Aptos) February 25, 2025
This addition not only enhances the stability and versatility of the Aptos ecosystem but also opens up new opportunities for users to engage in DeFi activities with a trusted, widely used stablecoin.
Disclaimer
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March 6, 2025 at 06:21AM
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