Crypto Asset Manager Bitwise submitted to list the Spot Aptos Exchange Trade Fund in the US, a token created by a team led by a former Facebook (current META) employee in 2022.
Bitwise submitted a S-1 registration statement to list the Bitwise APTOS (APT) ETF when registering a trust connected to Delaware’s aptos ETF on February 28.
Aptos submissions are added to the list of Altcoins on the current line to obtain approval of securities regulators.
BITWISE is a proposed manager of the Spot Aptos ETF and decided not to include a steaking function for the steak power power Aptos blockchain and Coinbase custody. We have not specified any securities exchange yet.
The proposed fees or prices were not included. BITWISE also requires a 19B-4 form to recognize the APTOS ETF application and the SEC before the 240-day clock begins before the SEC decides.
source: appropriate
APTOS submissions indicate the latest efforts of Bitwise, which are currently provided by SPOT BITCOIN (BTC) and ETH (ETHER) ETF. In recent months, we have submitted to list the Spot Solana (SOL), XRP (XRP) and Dogecoin (Doge) ETFs.
According to Coingecko, Bitwise’s other US branch ETF application aimed at the highest token by market cap, but APTOS seems to be 36th with a market cap of $ 3.6 billion.
APTOS was developed in 2021 by Aptos Labs, a company founded by former Facebook employees Mo Shaikh and Averse China.
In October 2022, when it was released as a high -speed low -cost layer -1 block chain, it appeared as a potential “solana killer”. However, the market capitalization is only the number one of the size of Solana and is shown by Coingecko data.
According to Coingecko data, APT is $ 6.25, up 14.4% over the last 24 hours.
relevant: Nyse arca
According to Defillama data, Aptos is the 11th largest total value among blockchains. More than $ 880 million consists of Stablecoins.
FRANKLIN Onchain Us Government Money Fund (FOBXX) token is also token in the aptos blockchain.
Bitwise is not an unfamiliar person in Aptos, which launched Aptos Stacking ETP in six Swiss swiss exchanges in November.
magazine: Meet the lawyer MAX BURWICK -‘Crypto’s ambulance pursuit’