Catenaa, Thursday, October 09, 2025-Crypto asset manager Bitwise has filed an S-1 registration with the US Securities and Exchange Commission to launch an Aptos-focused exchange-traded fund.
Approval could take several months as the SEC evaluates investor protections, market risk, and regulatory compliance.
Bitwise CEO Hunter Horsley highlighted the “momentum in the Aptos ecosystem,” noting the blockchain’s development activities have outpaced new entrants by 897%. Following the announcement, Aptos rose from $4.63 to $5.65, settling around $5.52, with trading volumes surpassing $3.98 billion, marking a three-month high.
Aptos Labs CEO Avery Ching, serving on the Commodity Futures Trading Commission’s Digital Assets Global Markets Advisory Committee, is expected to support regulatory discussions around the ETF.
European investors already have access to a similar Bitwise Aptos ETF listed on the SIX Swiss Exchange, reflecting confidence that the US counterpart may launch before the end of 2025.
Institutional backing for Aptos is increasing. BlackRock’s $2 billion BUIDL fund expanded in November 2024 to include Aptos, citing its speed and cost efficiency.
Aptos recently set a new Layer-1 record with 115.4 million transactions in a single day, surpassing Solana and Sui Network.
Stablecoin activity on Aptos also surpassed $30 billion in USDT, with additional circulation in USDC and USDe, strengthening its growing ecosystem and attracting active engagement from institutions and traders alike.
