Bitwise Seeks SEC Approval for First Aptos ETF

Bitwise has taken a significant step toward mainstreaming access to the Aptos blockchain with the filing of an S-1 registration for the first-ever spot ETF for the cryptocurrency. This move, which signals increased institutional interest in Layer-1 blockchains, resulted in a 30% surge in Aptos’ APT price. The application for this new ETF, if approved by the SEC, would make Aptos available through U.S. financial products.