Bitwise Started ETF Preparations for a Surprise Altcoin: Created a Record in Delaware! – Price Increased!

Following the approval of Bitcoin and Ethereum ETFs, ETF applications were made for many altcoins such as XRP, Solana (SOL) and Litecoin (LTC), while the last move came for Aptos (APT).

Accordingly, cryptocurrency fund manager Bitwise has applied for the Aptos ETF in the US state of Delaware.

According to the official filing page, Bitwise has registered an Aptos ETF in Delaware, but this does not constitute approval.

Commenting on this move by Bitwise, experts said that official records show that Bitwise Aptos ETF was registered on February 25.

This type of registration is typically a sign that a fund manager is preparing to file an S-1 registration with the U.S. Securities and Exchange Commission.

As you may recall, Bitwise launched its Aptos Staking ETP on six Swiss exchanges in November.

While there was a general decline in Bitcoin and altcoins, Aptos price rose with the news. APT, which has increased by 9% in the last 24 hours, continues to be traded at $ 6.1.

*This is not investment advice.