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Bitwise registers a Delaware trust for an Aptos (APT) ETF, marking a significant step in the ETF's launch process. Aptos (APT) price surges 10.05% following the ETF news, trading at $6.18 with a market cap of $3.64 billion.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Cryptocurrencies display mixed performances as altcoins seemingly decouple from Bitcoin. BTC plunged to $82K as bearish sentiments grew with Trump tariffs denting the global financial space. However, some altcoins recorded substantial bounce-backs within the past day, signaling the upcoming selective altcoin season. APT soared nearly 15% from daily lows of $5.5411 to $6.3695.
Bitwise has submitted a registration filing for an Aptos ETF to the Delaware's Department of State, paving the way for a possible ETF launch.
Bitwise Asset Management has revealed that the BITWISE APTOS ETF has been registered in Delaware, USA. Other APTOS ETPs have also been launched in Europe, including Bitwise Aptos Staking ETP and 21Shares Aptos Staking ETP.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
Bitwise Asset Management has taken the first step toward launching an Aptos (APT) exchange-traded fund (ETF), filing for a Delaware trust linked to the proposed product.
Bitwise has registered a 'Bitwise Aptos ETF' entity in Delaware, according to the official registration portal.
Bitwise's move signals growing diversification in crypto ETFs, potentially broadening market access and investor interest in varied digital assets. The post Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration appeared first on Crypto Briefing.
The blockchain industry is rapidly advancing, with an increasing need for systems that can handle the surge in demand for transacting and interacting with on-chain applications. However, scaling blockchain networks while maintaining decentralization and security remains a significant challenge. Aptos has made strides in addressing this challenge through its innovative approach to horizontal scaling.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
Aptos has created history with its mind blowing hold over the world. The financial system was revolutionized when Aptos started climbing the ladder.
Aptos (APT) has faced significant downward pressure in recent months, with the altcoin experiencing a decline of 27.55%. Its price has fluctuated significantly, from a local high of $9.8 to a low of $4.
Weighted sentiment around Aptos is at its most positive level since November right now.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Alexander Spiegelman, Director of Research at Aptos, has condemned Monad for copying key technologies from Aptos without proper acknowledgment.
Aptos just got a vibe shift in an unconventional "community takeover" led by a degen trader called BuzzlamicJihad, causing APT to spike.
Aptos (APT) has been making waves in the crypto space, with significant network growth and a bullish price action that could lead to a breakout in the near future. The cryptocurrency has caught the attention of investors, who are closely watching its progress following a year of impressive on-chain adoption.
Litecoin (LTC) was also among the top performers, gaining 7.3%.
Aptos consolidates inside a bullish flag pattern on the weekly chart and faces exponential network growth.
The cryptocurrency market has recorded a change of 0.48% in the past 24 hours. However, Bitcoin price has retested its $96k level, following which top altcoins have experienced a significant pullback in their respective valuations. On the other hand, by defying all the odds, the Aptos price has jumped by 13% in 24 hours.
Solana (SOL) joined Aptos (APT) as an underperformer, falling 5.1%.
Aptos (APT) has recently triggered a buy signal on its weekly chart, suggesting a potential rebound for the cryptocurrency. However, while the outlook looks optimistic, several obstacles remain, and it's unclear whether the momentum can be sustained in the coming days.
Aptos is showing signs of a potential rebound, but faces significant resistance and declining market interest.
