Aptos ETF Filing Sparks 30% Price Surge, Signaling Potential Market Shift

Bitwise Asset Management has filed for a spot Aptos exchange-traded fund (ETF), triggering a 30% surge in the APT token’s value. This move comes as the SEC grapples with its first Move-language blockchain ETF review. While details remain limited due to the quiet period, the filing has fueled speculation about an imminent breakout for Aptos. Aptos is experiencing a significant surge in developer activity, with 897% growth over recent months. This coincides with a broader altcoin season, with Ethereum rising 14% in the past week.