Bitwise files a request for launching Aptos ETF in Delaware, indicating competition in the digital currency ETF market.
Bitwise Asset Management has filed a request named Bitwise Aptos ETF in Delaware, showcasing increased competition in the digital currency exchange-traded funds (ETF) market. This move, typically a precursor to submitting an S-1 request to the U.S. Securities and Exchange Commission (SEC), comes as Bitwise had previously launched the ETP product Staking Aptos (APT) on 6 Swiss exchanges in November. Aptos is a layer-one blockchain currently ranked 36th in the digital currency market with a market value of $3.6 billion.
