Crypto asset manager Bitwise has filed to list a funds exchanged by the US exchange in the US-a token created by a team led by two former Facebook employees (now meta) in 2022.
Bitwise Filed A S-1 registration statement to list Bitwise Aptos (Apt) ETF on March 5, eight days after Bitwise indicates that it will make such a filing when it registered A trust that was linked to Aptos ETF at Delaware in Feb. 28.
Aptos filing adds to the list of altcoins currently on the line to win the security regulator approved.
Bitwise chose not to include a staking feature for proof-of-stake-powered aptos blockchain and listed Coinbase custody As the proposed caretaker of the APTOS ETF area. It has yet to specify which stock exchange is listed in.
A suggested fee or ticker is not included. It will also need to file a 19B-4 form for the APTOS ETF application and for the SEC to identify it before the 240-day clock begins for the SEC to make a decision.
Source: Apt
Aptos marks Bitwise marks Latest effort to expand From the Bitcoin area (Btc) and ether (Eth) ETFs currently on offer. Also recently filed to list a place Solana (Sol), XRP (XRP) and dogecoin (Doge) ETFs in recent months.
While other US Spot ETF files are aimed at leading tokens through market capitalization, the aptos appear to be a more serious, ranking at 36th by market capitalization of $ 3.8 billion, According to This coingecko.
Aptos was developed by Aptos Labs, a company founded by two former Facebook employees, Mo Shaikh and Avery Ching, in 2021.
It appeared as a potential “Solana Killer” when it launched in October 2022 as a High speed, low cost Layer-1 Blockchain. However, its market cap is currently just a nineteenth size of Solana’s, Coingecko Data Shut up.
APT will be up to 14.4% in the last 24 hours to $ 6.25, Coingecko data Shut up.
Related: NYSE ARCA recommends changing rule to list Bitwise Dogecoin ETF
APTOS boasts the —11 largest total amount locked in blockchains at $ 1.03 billion, According to in defillama data. Over $ 830 million consisting of stablecoins.
Real-World assets such as Franklin Onchain US Government Money Fund (FOBXX) also have Tokenized to Aptos Blockchain.
Bitwise is not a stranger to Aptos, who has launched a Aptos staking ETP In the six Swiss exchanges of Switzerland in November offered a 4.7% return to staking harvest.
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