Key Insights:
Bitwise Asset Management has filed with the SEC to launch what could be the first U.S. ETF focused on stablecoin and tokenized real-world assets.
The proposed fund splits investments evenly between stocks in companies involved in these areas and crypto-related exchange-traded products.
This comes amid a favorable regulatory shift in the US, including the GENIUS Act, which has helped boost stablecoin supply to around $287 billion.
Bitwise Asset Management has filed with the US Securities and Exchange Commission to launch what may become the nation’s first exchange-traded fund focused on stablecoin and tokenized real-world assets.
Meanwhile, the move taps into a sector that’s ballooned amid fresh regulatory tailwinds, with stablecoin supplies now topping $287 billion.
The San Francisco-based firm, which oversees more than $15 billion in assets, submitted its prospectus on Monday for the Bitwise Stablecoin & Tokenization ETF.
Bitwise’s Trailblazing E
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