The post Bitwise pushes Aptos into ETF race appeared on BitcoinEthereumNews.com.

Bitwise Asset Management moved ahead to officially file an S-1 registration with the US SEC for an Aptos ETF. If this product gets approved, it would be the first altcoin ETF tied to the Move chain, Bitwise claims. After the boom of Bitcoin and Ethereum-linked ETFs, institutions are looking for diversification in altcoins. The CMC Altcoin Season Index is flashing a “63” rating, hinting that Bitcoin season is slowly giving way to altcoin season. The global crypto market printed green indexes as the US government shutdown continues. The total digital assets market cap stood at $4.21 trillion with a trading volume of above $180 billion. Aptos soars 30% on Bitwise ETF filing Bitwise CEO Hunter Horsley, in an X post, confirmed the filing. He added that he couldn’t share further details due to the SEC’s regulatory “quiet period.” However, Horsley’s enthusiasm was evident when he wrote, “Fired up about the momentum in the Aptos ecosystem.” The market reacted quite well to the Bitwise update. Aptos’ APT price token jumped nearly 30%, leading it to breach $5.3 mark in a rally that began from around $4.2 levels. Its trading volume spiked to hit $614 million, the highest in two months. Anticipation around Aptos ETF helped APT to recover from the past losses. APT is trading at an average price of $5.51 at the press time. Bitwise @BitwiseInvest has an S-1 filing in for an Aptos ETF — Can’t say more during quiet period. But fired up about the momentum in the Aptos ecosystem. https://t.co/BSl2loKqq3 — Hunter Horsley (@HHorsley) October 4, 2025 Chain Broker data shows that Aptos has led development growth across major blockchains. It has posted a 897% surge in developer activity, outpacing networks like Celo, Nym, and Skale. The timing of Bitwise’s filing looks strategic as Aptos aims to…

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Filed under: News - @ October 5, 2025 12:25 pm