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

Jpmorgan Bitcoin Looks “cheap” Compared To Gold, Could Reach $170,000

News | Bitcoin | Editor Choice

JPMorgan: Bitcoin Looks “Cheap” Compared to Gold, Could Reach $170,000

JPMorgan analysts made waves by suggesting that Bitcoin is undervalued compared to gold and could surge to $170,000 within the next 12 months — defying the prevailing bearish sentiment across the crypto market.

Bingx Usdt Reward Program For New Users

Airdrops | Editor Choice

BingX USDT Reward Program for New Users

Get USDT instantly when opening BingX account for 1000 participants.

Institutions Stay Bullish On Bitcoin As Retail Investors Panic

News | Bitcoin | Editor Choice

Institutions Stay Bullish on Bitcoin as Retail Investors Panic

While retail investors panic and dump their holdings amid market chaos, major financial institutions are quietly accumulating — fueling speculation that a new Bitcoin bull cycle may be just around the corner.

Crypto Market Bloodbath, Over $2 Billion Liquidated

News | Bitcoin | Editor Choice

Crypto Market Bloodbath, Over $2 Billion Liquidated

The cryptocurrency market continues to bleed red this Tuesday as Bitcoin sinks below the $100,000 mark and Ethereum tumbles to its lowest level in four months, triggering more than $2 billion in liquidations within just 24 hours.

Hyperunit Whale Bets $55m On Bitcoin And Ethereum After Nailing October Crash

News | Bitcoin | Editor Choice

HyperUnit Whale Bets $55M on Bitcoin and Ethereum After Nailing October Crash

After pocketing $200 million from accurately predicting last month’s crypto crash, the “prophetic whale” HyperUnit is back — this time betting $55 million on Bitcoin and Ethereum, reigniting hopes for a new market rebound.

Screenshot 2025 10 20 091338