#BitwiseFilesforUNISpotETF

Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot Uniswap (UNI) ETF. This ETF would directly track the price of the UNI token, the governance token of the Uniswap decentralized exchange. The filing is a necessary regulatory step before the ETF can be approved and traded publicly.
Key Details
The ETF would hold UNI tokens directly, rather than using derivatives or futures contracts.
Custody of the tokens would be handled by a regulated custodian to ensure security and compliance.
The goal is to reflect the spot value of UNI for investors, minus fees and expenses.
Investors could gain exposure to UNI through traditional brokerage accounts, without needing crypto wallets or private keys.
Why This Matters
This would be one of the first regulated ETFs in the U.S. tied to a DeFi token, expanding institutional access to decentralized finance.
It represents a shift beyond Bitcoin and Ethereum ETFs, opening regulated investment opportunities to other major crypto assets.
Regulatory approval would mark a milestone for institutional adoption of DeFi tokens within traditional financial markets.
Current Status and Next Steps
The filing has entered the SEC review process, which can take several months. Approval is not guaranteed.
Regulators will evaluate market integrity, liquidity, custody, and compliance with SEC rules.
If approved, the ETF will be listed on a U.S. exchange, providing a new way for investors to access UNI.
Bottom Line
Bitwise’s Uniswap ETF filing signals growing interest in bridging DeFi and traditional finance. While the outcome depends on SEC approval, it highlights the increasing institutional demand for regulated exposure to crypto beyond Bitcoin and Ethereum.