Bitwise Unleashes Tokenized Stock Portfolios With Self-Custody and Auto-Rebalancing

Bitwise Asset Management has launched Automated Token Portfolios (ATPs), which combine Coinbase's tokenized stocks with Glider's automated rebalancing technology.

The portfolios are available to eligible non-U.S. persons in supported jurisdictions outside the United States and come with a 0.15% methodology access fee, excluding trading costs and any separate fees charged by Glider.

Bitwise is starting with three ATPs, each focusing on a specific theme: Mag7X, Robotics, and AI Leaders. The Mag7X portfolio holds eight massive companies equally, including Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and SpaceX.

The underlying assets are tokenized U.S. stocks issued by Coinbase, which claims they represent underlying equity interests and are backed 1:1 by shares.