Crypto asset manager Bitwise has submitted filings to the U.S. Securities and Exchange Commission seeking approval for 11 crypto “strategy” exchange-traded funds (ETFs), offering exposure to tokens such as Aave (AAVE), Uniswap (UNI), Zcash (ZEC), Sui (SUI) and Bittensor’s TAO.
The N-1A filings, lodged on Tuesday, outline a structure that would allow each fund to invest up to 60% of assets directly in the underlying token. The balance could be allocated to exchange-traded products and, where permitted, derivatives including futures and swaps.
Bitwise’s move came on the same day Grayscale filed to convert its Bittensor trust into an exchange-traded product. Grayscale chairman Barry Silbert said in a post on X that the filing reflects the rapid rise of decentralized artificial intelligence as a new investable theme within U.S. crypto markets.
Bittensor is an open network that uses crypto-economic incentives to coordinate machine-learning development, rewarding contributors of models and computing resources with TAO. Interest in the project has grown as investors seek AI-linked crypto exposure beyond established smart-contract ecosystems.
The filings highlight how issuers are moving beyond bitcoin and ether following the success of spot ETFs tied to the two largest digital assets. Bitwise already offers spot ETFs linked to bitcoin, ether, solana and XRP, and has also filed for products tied to assets such as Sui and Hyperliquid.

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