Bitwise just filed for 11 new crypto ETFs, and the market’s silence exposes a brutal new reality

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• 1, 2026 at 9:25 pm UTC 4 min read Updated: Jan.
• 1, 2026 at 12:02 pm UTC Share Cover art/illustration via CryptoSlate.
• Image includes combined content which may include AI-generated content.
• Bitwise's year-end barrage of ETF paperwork should have been a perfect spark for “alt season.” On Dec.
• 30, the issuer filed with the US Securities and Exchange Commission to launch 11 single-token “strategy” ETFs tied to Aave, Uniswap, Zcash, NEAR, Starknet, Sui, Bittensor, Tron, and other protocols. Each fund would allocate about 60% of its assets to the underlying coin and the rest to related ETPs and derivatives, with an expected effective date in March 2026. However, crypto prices and flows barely registered the news.