This move shows the company's eagerness to make crypto investing more accessible and regulated. But what does this mean for everyday investors and the $APT ETF market?
Bitwise submitted an official filing for the creation of an Aptos Exchange-Traded Fund (ETF), adding to the excitement surrounding the cryptocurrency. This filing follows an earlier application from the previous week to establish an Aptos ETF Trust.
APT prices surge as Bitwise submits S-1 filing with SEC for Aptos ETF.
The path for its approval, however, still seems decidedly very long.
Bitwise has taken a major step toward launching an exchange-traded fund (ETF) for Aptos by filing an S-1 registration with the U.S. Securities and Exchange Commission (SEC).
Aptos (APT) shows bullish momentum with a confirmed double-bottom pattern and rising on-chain activity, supported by Bitwise's Aptos ETF filing and increasing institutional adoption.
Bitwise has officially filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of Aptos (APT), the native token of the Aptos blockchain. The asset manager had previously hinted at this move by registering a Delaware trust entity for the proposed ETF.
Crypto prices were vibrant on Thursday morning as the market reacted to the positive tariff news from the United States, and as traders anticipated the upcoming crypto summit. Howard Lutnick, the Commerce Secretary, confirmed that Donald Trump will announce Strategic Crypto Reserves in that meeting.
Crypto investment firm Bitwise Asset Management filed for a spot aptos (APT) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The company manages more than $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs.
Bitwise filed a spot ETF application for Aptos on March 5, a layer-1 blockchain founded by two former Facebook employees once touted as a “Solana killer.”
Bitwise has filed an S-1 application form twith the US Securities and Exchange Commission (SEC) on Mar. 5 to launch an Aptos (APT) exchange-traded fund (ETF). The news caused APT to surge 7% in one hour, increasing from $6.06 to $6.50 as of press time, based on CryptoSlate data.
Bitwise wants to bring Aptos exposure to U.S. investors, as it did for European traders on six Swiss exchanges.
Bitwise Asset Management filed an S-1 registration statement on Wednesday with the U.S. Securities and Exchange Commission (SEC) to launch the Bitwise Aptos ETF. The post Bitwise Files S-1 Registration for Aptos ETF appeared first on Cryptonews.
The move comes amid a series of proposals part of Aave's “GHO cross-chain strategy" aimed at driving the stablecoin's adoption.
Bitwise filed to create an Aptos ETF, building on the Delaware Trust application last week. Aptos is a “Made in USA” cryptocurrency, which may help its chances of approval with the SEC.
Bitwise will grow its ETF portfolio with Aptos (APT), after filing a preliminary S-1 prospectus.
The asset manager filed an S-1 registration with the U.S. Securities and Exchange Commission for a spot Aptos exchange-traded fund.
Bitwise Asset Management has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) focused on Aptos (APT). Following the filing, the price of APT increased by 15.82% in the last 24 hours, reaching $6.26.
The asset manager submitted paperwork with the Securities and Exchange Commission (SEC) for the fund on Wednesday.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Aave's (AAVE) recent 15% price surge has fueled optimism within the DeFi community, as the protocol rolls out a bullish buyback program designed to reverse the coin's sharp 50% decline. Despite a broader bearish market, AAVE's rally is largely driven by a $1M weekly buyback proposal, which could reshape the future of the token's market performance.
Through the new proposal, the ACI wants to improve Aave's secondary liquidity protocol management, update AAVE tokenomics, and finalize the LEND-to-AAVE migration.
Bybit Hack, the recent $1.5 billion heist that occurred on 21 Feb, has tragically exposed the vulnerabilities of Web3 infrastructure. Through the collaborative efforts by the leading exchanges, over $170 million was injected into the market.
Aave gains 15% amid bullish buyback proposal, increased accumulation, and booming treasury despite bearish market structure.
Decentralized finance (DeFi) token AAVE has emerged as the market's top gainer in the past 24 hours, soaring 20%. The surge follows the release of a new governance proposal to restructure the protocol's tokenomics.
Aave's DAO proposal announcing increased profit sharing, token buybacks, and user protections has driven AAVE's price up 21% in 24 hours while showcasing the platform's financial strength with $115M in reserves.
AAVE bounced back from its recent drop after Aave announced plans to revamp its tokenomics, sparking fresh interest among whale investors. According to data from crypto.
Aave's cash pile has ballooned by 115% to $115 million since mid-2024, with the platform's GHO stablecoin hitting a $200 million supply and reporting strong revenues.
The crypto verse has managed to rise back up from yesterday's slump, with the total market cap climbing by 4.08% to $2.86 trillion. While the market showed signs of getting stabilized, the trading volumes dipped south by 19.73% to $148.18 billion.
The Aave Chan Initiative (ACI), led by founder Marc Zeller, has introduced a new proposal to revamp the Aave (AAVE) protocol's tokenomics, revenue distribution, and liquidity management.
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller on March 4, is considered a pivotal development in Aave's evolution.
A major Aave contributor has submitted a plan to upgrade the protocol's tokenomics following a successful temperature check last August.
According to a March 4 proposal, the new “Aavenomics” implementation would include an Aave buyback and distribution program.
In the times when volatility strikes the crypto markets, the market participants become uncertain over the next price action. In such situations, the positive rounds usually attract a significant volume onto the platform, which is seen with AAVE. The trading volume over the platform surged notably by over 65%, reaching close to $595 million.
Aave governance has proposed updates to its tokenomics, introducing Anti-GHO tokens, restructuring staking rewards, and deprecating LEND. The plan includes treasury oversight by a new finance committee, secondary liquidity adjustments, and a buyback program to support AAVE's market value and ecosystem sustainability. The post Aave Proposes New Tokenomics, Shifting Revenue and Liquidity Management appeared first on Cryptonews.
TL;DR Aave DAO is evaluating a proposal to modify its economic structure, including changes in treasury management and liquidity incentives. A financial committee would be created to manage reserves and execute a token buyback program of $1 million per week for six months.
Aave (AAVE) proposed a vote to expand revenue distribution for both GHO and AAVE holding programs. The vote follows a temp check on the new tokenomics, proposed in 2024.
Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms.
Aave DAO has introduced a major governance proposal aimed at enhancing the AAVE token economy. The proposal includes a structured AAVE buyback plan, redistribution of excess revenue, and upgrades to liquidity management.
The Aave community introduced a vital proposal on Tuesday, March 4, seeking to optimize AAVE's economics. While the crypto space displayed skepticism despite Trump's crypto strategic reserve declaration, AAVE enthusiasts aim to alleviate the altcoin's value through different strategies. These include token buybacks, axing LED token migration, liquidity enhancement, and re-distribution of extra profits.
The proposal builds on a temp check, approved in August 2024, to adopt a fee switch to return some of the platform's excess revenue to users.
Aave has officially expanded its version 3 network to the Sonic mainnet, the blockchain platform announced on March 3.
Aave has bounced from key support after a sharp correction, but is this the start of a bullish reversal or just a temporary relief rally?
According to Aave, Sonic's monetization model allows protocols like Aave to earn a share of the transaction fees generated by user activity.
AAVE, one of the leading decentralized finance (DeFi) protocols, is at a pivotal moment as it tests a key support level of $194.25, which could determine its next big move. After a recent dip from $199.36 to $194.25, traders and investors are closely watching for signs of a breakout or a potential decline.
Aptos (APT) has taken a significant hit, with its price dropping to $6.20, reflecting a 4.85% decline in the last 24 hours. The cryptocurrency's market capitalization now stands at $3.65 billion, which has also dropped by nearly 5%.
AAVE signaled a potential breakout as key support and resistance levels define the market's next move.