Core Insights - Bitwise Asset Management has submitted applications for 11 new "strategy" exchange-traded funds (ETFs) to the US SEC, targeting various altcoins [1] - The proposed ETFs will utilize a hybrid investment approach, combining direct token holdings with ETPs and derivatives to provide targeted exposure while adhering to regulatory constraints [2][4] - The launch of these ETFs is anticipated around March 16, 2026, pending SEC approval, and is expected to attract billions in institutional capital [3] Investment Strategy - Each Bitwise ETF will allocate up to 60% of its assets directly into the target cryptocurrency, with the remaining 40% invested in ETPs and derivatives [4] - The funds will commit at least 80% of net assets to the applicable token, its ETPs, or derivatives, focusing on capital growth [5] - The structure of these ETFs is designed to mirror successful spot Bitcoin and Ethereum ETFs, while adapting to the unique challenges of altcoins that lack US spot approval [4] Market Positioning - Bitwise's filings indicate a listing on NYSE Arca, with specific tickers and fees yet to be determined, marking the firm's largest single-day crypto ETF submission [5] - The move is seen as a strategic effort to capitalize on a maturing US regulatory landscape, potentially influenced by the Trump administration [3]