Bitwise Files S-1 for Aptos ETF, CEO Cites ‘Momentum in Aptos Ecosystem’

Crypto asset manager Bitwise has filed an S-1 registration for an Aptos ETF to formalize its proposal, following initial administrative steps to register the trust entity in the state of ￰2￱ S-1 registration is a formal document required by the ￰3￱ and Exchange Commission (SEC) for a new security, like a crypto ETF, to be offered to the ￰4￱ Bitwise Aptos ETF filing is just the initial step, and the approval timeline can take several months or ￰5￱ in March, @BitwiseInvest began the regulatory process for a potential Aptos ETF, the 1st offering of an Aptos-linked ETF in the ￰6￱ then, Aptos Labs' @AveryChing appeared in front of Congress, & @worldlibertyfi announced USD1 is coming to ￰7￱ that sink in. ￰0￱ — Aptos (@Aptos) October 4, 2025 Bitwise Aptos ETF Faces SEC Review: Approval Could Take Months The SEC will carefully review the application, assessing factors such as market risk, investor protection, and regulatory compliance before making a ￰8￱ CEO Hunter Horsley confirmed the filing in a recent X post, which revealed that the Aptos Layer-1 blockchain has led development activities among new blockchain entrants by over 897%.

Horsley added that he can’t say more about the Aptos ETF during the quiet period, “But fired up about the momentum in the Aptos ecosystem.” Bitwise @BitwiseInvest has an S-1 filing in for an Aptos ETF — Can’t say more during quiet ￰9￱ fired up about the momentum in the Aptos ecosystem. ￰1￱ — Hunter Horsley (@HHorsley) October 4, 2025 Within hours of the filing announcement, Aptos surged from $4.63 to a high of $5.65 before settling around $5.52 at press time.) Digital Assets Global Markets Advisory Committee (GMAC) ￰10￱ CFTC specifically pointed out that Ching will collaborate with other leaders from Web3 and financial services to help shape digital asset ￰11￱ believe his appointment could help facilitate internal discussions with regulators on the need for an Aptos ￰12￱ European investors, Bitwise already has a similar product listed in Switzerland, on the SIX Swiss Exchange, which shows growing confidence that the ￰13￱ might see an Aptos ETF go live before the end of ￰14￱ asked about the gap that Aptos fills in the Layer-1 blockchain space, where the likes of Ethereum, Solana, BNB Chain, Sui, and Tron have already dominated, Horsley responded that Aptos is favored by institutions because it offers maximum speed and cost ￰15￱ claim of institutional preference for Aptos appears to be genuine.

BlackRock’s $2B BUIDL Fund Backs Aptos Ahead of ETF Decision In November 2024, BlackRock, the world’s largest asset manager, expanded access to its tokenized real-world asset fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to include Aptos. Securitize’s CEO, Carlos Domingo, cited that the choice for Aptos was about broadening the accessibility of what has become the largest money-market token of its ￰16￱ to him, “we’ll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do.” When it comes to transaction speed and cost, Aptos, a layer-1 blockchain platform developed by former Facebook employees, recently set a new record in blockchain ￰17￱ May, Aptos surpassed Solana by recording an astounding 115.4 million transactions in a single day, far exceeding Solana’s 31.7 million, according to Aptoscan.

BREAKING: @Aptos FLIPS @solana IN DAILY TRANSACTIONS ￰18￱ — DEGEN NEWS (@DegenerateNews) May 25, 2024 The surge not only shattered previous records but also surpassed the L1 record of over 65 million held by Sui Network by an impressive margin of over 50%. Aside from transaction volume, Aptos has also been showing growth in stablecoin ￰19￱ to data shared by the Aptos protocol , native USDT activity on Aptos has now surpassed $30 billion in volume, making it the fourth-largest layer-1 blockchain by net circulation of native USDT, valued at approximately $830 ￰20￱ blockchain’s stablecoin dominance extends beyond USDT to include USDC and USDe, creating a comprehensive ecosystem that has attracted significant user engagement.