Crypto asset manager Bitwise has filed with the US Securities and Exchange Commission to introduce 11 crypto “strategy” exchange-traded funds (ETFs), including aave uniswap zcash , and .
Tuesday’s N-1A filing details an approach that includes investing up to 60% of a fund’s assets directly in the underlying token, with the remainder allocated to exchange-traded products and, potentially, derivatives such as futures and swaps.
The SEC filing was made on the same day Grayscale filed to convert its bittensor trust into an exchange-traded product. Barry Silbert, president of Grayscale, said in a post on X that the move reflects how quickly decentralized AI is evolving as one of the newest investment themes in US crypto markets.
Bittensor operates as an open network that uses cryptoeconomic incentives to coordinate machine learning development, rewarding contributors of models and computing power with TAO. The project has attracted increasing attention as investors seek exposure to AI-related crypto assets beyond traditional smart contract platforms.
Bitwise’s applications underscore how quickly issuers are expanding beyond bitcoin and ether following the success of spot ETFs tied to the two largest cryptocurrencies. The company previously introduced spot ETFs linked to bitcoin, ether, solana and XRP, and filed additional applications linked to assets such as sui and hyperliquid.
The other tokens mentioned in the presentation are , , Athena (ENA), canton currency (CC).
