Bitwise Submits Filing for Aptos ETF with SEC
Bitwise has filed to launch an exchange-traded fund (ETF) based on the price of Aptos (APT). The asset manager recently submitted paperwork to create a Delaware trust entity for this ETF.
Key points include:
- The S-1 document was filed with the Securities and Exchange Commission, formalizing Bitwise's plans.
- A 19b-4 filing will be required to implement a rule change at the stock exchange for listing the investment.
- APT's price increased by 18% in the past 24 hours, reaching $6.48.