Bitwise is awaiting a key regulatory decision from the US Securities and Exchange Commission on eleven proposed altcoin exchange traded funds, with a final ruling expected by mid-March 2026. The filings arrive at a time of mixed signals across the broader crypto market, as investors closely monitor regulatory developments.
Bitcoin is currently trading above $91,000, while Ethereum remains above $3,100. Despite these strong price levels, overall crypto market capitalization dipped slightly over the past 24 hours, reflecting a cautious stance among investors awaiting regulatory clarity. Trading volumes remained stable across major exchanges. Meanwhile, institutional interest continues to show resilience. On January 12, Bitcoin spot ETFs recorded net inflows of approximately $170 million. Ethereum spot ETFs also posted positive inflows, alongside renewed capital allocations into Solana and XRP-related products. Together, these flows have helped sustain growing institutional attention toward altcoins.
Bitwise plans for each ETF to combine direct ownership of the underlying tokens with exposure through exchange traded products and derivatives, aiming to closely track the performance of selected digital assets. Under the proposed structure, up to 60 percent of fund assets would be held directly in cryptocurrencies, with the remaining portion allocated to regulated financial instruments. This approach is designed to balance liquidity, compliance, and cost efficiency for investors.
The firm intends to operate these products under updated SEC listing principles that streamline the approval process and reduce repetitive filings for similar crypto-based ETFs. This framework allows issuers to submit multiple ETF applications simultaneously, shortening review timelines and improving regulatory efficiency. By filing all eleven funds together, Bitwise is positioning itself early to capture market share and access liquidity should approvals be granted.
The proposed lineup includes a mix of established and emerging blockchain networks. Well-known protocols such as Uniswap, Aave, and Tron sit alongside newer or evolving ecosystems like Sui, NEAR, and Zcash. The selection reflects an effort to gain exposure across decentralized finance infrastructure and next-generation layer one networks. According to the filing, asset inclusion is based on global liquidity, trading history, and market depth.
If approved, these ETFs would offer institutional investors regulated access to a broad range of altcoins through familiar investment vehicles. This would allow portfolio managers to integrate altcoin exposure using standard custodial frameworks, compliance systems, and reporting identifiers, without relying on offshore platforms or bespoke investment mandates. Such access could support broader adoption of altcoins within multi-asset portfolios, including those managed by pension funds and other long-term institutional investors.
Decision Date Outlook
The SECโs review period is scheduled to conclude on March 16, 2026, with no extensions or procedural delays currently anticipated. The outcome is expected to serve as a key signal of the regulatorโs stance toward diversified altcoin ETF products under the evolving regulatory framework. Market participants are closely watching the decision, as it could significantly influence the pace and scope of ETF launches across US markets throughout 2026.
