Bitwise Files for Aptos ETF, Driving Institutional Interest in Blockchain

Bitwise Asset Management has submitted an S-1 registration document to the SEC seeking approval for an Aptos exchange-traded fund (ETF). This filing could unlock significant investment opportunities for institutional investors and potentially amplify Aptos’s market participation. Post-announcement, APT prices saw a surge of nearly 30%, with trading volumes exceeding $614 million. Experts believe this increase reflects growing interest in the Aptos ecosystem from institutions seeking to broaden their investments in crypto.