Join Our Telegram channel to stay up to date on breaking news coverageBitwise has filed for a stablecoin and tokenization ETF after predicting that new Securities and Exchange Commission (SEC) listing rules could unleash a “flood’’ of crypto funds. The proposed ETF (exchange-traded fund), called Bitwise Stablecoin & Tokenization ETF, will track an index of stablecoin issuers, infrastructure firms, exchanges, payment processors, and regulated crypto ETPs (exchange-traded products with Bitcoin and Ethereum exposure), according to a filing. The largest crypto ETP in the crypto asset sleeve will be capped at 22.5%, according to the proposed fund’s prospectus. Expect the… pic.twitter.com/acVRLLt8fw — Matt Hougan (@Matt_Hougan) September 16, 2025Strongest Narratives In CryptoThe Bitwise ETF seeks to capitalize on two of the strongest narratives in crypto. Crypto ETPs Will Still Need Demand To SucceedBut Hougan warned that the potential surge in crypto ETP offerings might not necessarily lead to increased demand for digital assets.