Bitwise Files ETF Proposal for Stablecoin and Tokenization Amid Blockchain Boom

- Bitwise files for new ETF targeting stablecoins and tokenization. - Proposal highlights growing institutional interest in blockchain-based assets. Bitwise Asset Management has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) named the "Bitwise Stablecoin & Tokenization ETF." The fund aims to provide investors with access to assets benefiting from the increasing adoption of stablecoins and tokenization technologies, reflecting growing institutional demand and highlighting broader trends in blockchain-based financial asset trading. 2025-09-16 On September 16, 2025, The Block reported that the Bitwise filing comes amid a developing regulatory environment and a noticeable rise in institutional interest in tokenizing real-world assets. According to the filing, tokenization could redefine traditional asset trading by leveraging blockchain technology, potentially creating competition with established financial institutions. This move is consistent with Bitwise's broader strategy to capitalize on blockchain-enabled innovations and follows its recent filing for an ETF that tracks AVAX, Avalanche's native token. Bloomberg Senior ETF Analyst Eric Balchunas reportedly stated the "Bitwise Stablecoin & Tokenization ETF" might launch around Thanksgiving, citing the momentum of market developments and ongoing regulatory considerations. If approved, this ETF could serve as a key instrument for investors who seek exposure to stablecoins and tokenized assets, further expanding the role of blockchain technology in the established financial ecosystem.