Overview

• Bitwise submitted a Sept. 16 prospectus to the SEC for its Stablecoin & Tokenization ETF, which still requires regulatory approval.
• The fund would track the Bitwise Stablecoin and Tokenization Index through two equal sleeves covering equities linked to stablecoins/tokenization and crypto‑linked ETPs focused on blockchain infrastructure.
• The equity sleeve applies tiered caps of 15%, 8%, and 3%, prioritizes 20 firms from the top two tiers, and can add up to 10 Tier 3 companies.
• The crypto sleeve selects assets with at least 1% sector share, reserves 5% for oracle tokens, caps any single index constituent at 22.5%, and rebalances quarterly.
• The preliminary filing omits the management fee; the launch bid comes as stablecoin supply approaches $287–$290 billion and Bitwise reports roughly $15 billion in crypto AUM.