title: Bitwise Wants to Bring Aptos (APT) Exposure to U.S. Investors

Bitwise wants to bring Aptos exposure to U.S. investors, as it did for European traders on six Swiss exchanges.

Wealth manager Bitwise is bringing its Aptos (APT) exchange-traded fund, previously launched on six Swiss exchanges for European traders, to U.S. investors.

The firm has submitted an S-1 form with the Securities and Exchange Commission to list and trade shares for a spot Aptos ETF.

Aptos crypto’s 36th biggest token by market capitalization, valued at over $3.8 billion. Its technology provides layer-1 blockchain technology to thousands of users and developers.

The ETF will track the price of Aptos, allowing investors to gain exposure to the cryptocurrency in a familiar and accessible manner.

This move follows last week’s Delaware registration for an entity named the “Bitwise Aptos ETF”.

Aptos’s proof-of-stake model enabled Bitwise to launch Aptos staking ETFs on six Swiss exchanges, providing European investors with a means to earn crypto yield through a regulated vehicle.

Recently, there's been a surge in applications for crypto ETFs other than Bitcoin (BTC) and Ethereum (ETH) as U.S. authorities continue to build toward more favorable crypto regulations.

In anticipation of this shift, firms like Bitwise are exploring the possibility of ETFs backed by assets such as Dogecoin (DOGE) and XRP. Issuers have also submitted ETF requests for Litecoin (LTC) and Solana (SOL) funds.

While it remains uncertain if these products will reach Wall Street's market, the new Republican SEC leadership, appointed by President Donald Trump, could encourage the regulator to approve more applications.

To date, the SEC has concluded several cases against major industry service providers like Coinbase and has established a new Crypto Task Force to mend ties with the blockchain industry.