Whale Factor|Oct 10, 2026 19:47
🐋 WHALE WATCH : Bitwise runs 9 single coin ETFs in the US. The smallest AVAX sits at $4.7B in market cap.
Several larger coins have no Bitwise fund yet. BNB at $99.7B TRX at $31.4B ZEC at $20.7B XMR at $9.9B ADA at $9.6B. TRX and ZEC already have US spot ETFs from other issuers Canarys staked TRX fund and Grayscales ZCSH both launched last year.
Bitwise has filed for TRX ZEC SUI UNI TAO Canton and others. Two coins from that December filing HYPE and NEAR already have Bitwise ETFs.
TRX is the most obvious gap. Proven demand a competitor already in market and Bitwise already filed. SUI and TAO are the more interesting bets if you think Bitwise moves on narrative momentum rather than market cap rank.
Which ticker gets the next one ?
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