Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch 11 new U.S. spot altcoin ETFs, with target assets including Aave, Zcash, Uniswap, and TRON. These proposed funds will allocate approximately 60% of assets to directly holding tokens and 40% to derivatives. This expansion follows the wave of approval for altcoin ETFs in 2025, with analysts even calling 2026 the "Crypto ETF Year Zero." However, strong capital inflows into products like XRP and Solana ETFs have not driven up their prices, highlighting a disconnect between institutional demand and market performance. Analysts warn that the ETF market may be becoming overly crowded, posing integration risks.