BitWise Seeks to Launch Multi-Asset ETF for 10 Cryptocurrencies

BitWise Investment Fund has submitted a filing to the SEC seeking approval for a mixed ETF fund that includes 10 cryptocurrencies: Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap.

Bitwise Seeks To Launch Multi Asset Etf For 10 Cryptocurrencies

BitWise, a prominent name in cryptocurrency investment, has submitted a filing to the U.S. Securities and Exchange Commission (SEC) seeking approval for a new ETF based on its Crypto 10 Index. If approved, this would become the largest and most diversified cryptocurrency ETF in the U.S. market.

The proposed fund will include the world’s top 10 cryptocurrencies, such as Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap. Building on the success of its 10 Crypto Index Fund launched in 2018, BitWise aims to provide investors with broader exposure to the crypto market, surpassing the limited scope of single-asset investments like Bitcoin or Ethereum.

BitWise Seeks to Launch Multi-Asset ETF for 10 Cryptocurrencies
BitWise Seeks to Launch Multi-Asset ETF for 10 Cryptocurrencies

Notably, BitWise has also filed for a Solana ETF, joining competitors like Canary Capital, VanEck, and 21Shares. This strategic move positions BitWise to capitalize on the growing interest from institutional investors in the cryptocurrency market.

Related: Bitwise Registers Solana ETF in Delaware

On social media, renowned investor Big Pey suggested that the recent price surge of Cardano (ADA) could be tied to anticipation surrounding the new ETF, where ADA is expected to be the fifth-largest asset. He speculated:

Coinbase will likely join the game soon, marking the beginning of the next wave of ETFs.

Beyond the U.S., BitWise is expanding its footprint to Europe with a filing for an ETP based on XRP. The SEC has acknowledged the application and initiated its review, although no specific timeline for a decision has been announced.

As the cryptocurrency sector gains broader acceptance—especially under the administration of President Trump—industry experts predict a surge in ETF approvals, paving the way for new investment opportunities for both institutional and retail investors.

Love

0.0/5

Love

Latest

Over $3 Million In Xrp Stolen, What Really Happened

News | Editor Choice | Policy & Regulations

Over $3 Million in XRP Stolen, What Really Happened?

An XRP investor in the U.S. has lost more than $3 million despite storing his assets in a cold wallet — a shocking incident that has shaken the crypto community and raised serious concerns about security vulnerabilities in so-called “safe” storage devices.

Ai Boom Propels Bitcoin Miners To 500% Gains, Outpacing Btc Itself

News | Bitcoin | Editor Choice

AI Boom Propels Bitcoin Miners to 500% Gains, Outpacing BTC Itself

AI-fueled revenues keep miners resilient — could that stability lift Bitcoin out of its October slump?

Bnb Plunges After Being Added To Coinbase’s Listing Roadmap

News | Altcoin | Editor Choice

BNB Plunges After Being Added to Coinbase’s Listing Roadmap

BNB’s price has tumbled sharply in recent days, despite the positive news that the token is set to be listed on Coinbase.

Hyperliquid Leads The $1.4 Billion Token Buyback Wave Sweeping Through Crypto In 2025

News | Altcoin | Editor Choice

Hyperliquid Leads the $1.4 Billion Token Buyback Wave Sweeping Through Crypto in 2025

The year 2025 is witnessing the largest token buyback wave in crypto history, as blockchain projects have spent over $1.4 billion to reduce circulating supply — and Hyperliquid is leading the charge with an unprecedented scale.

Binance Selling Pressure Weighs On Bitcoin

News | Bitcoin | Editor Choice

Binance Selling Pressure Weighs on Bitcoin, But ‘Uptober’ Could Soon Turn the Tide

Despite the ongoing selling pressure, analysts at CryptoQuant believe this is only a short-term correction before Bitcoin’s typical late-October rebound — the so-called “Uptober” — begins.

Screenshot 2025 10 20 091338