Bitwise Unveils Automated Token Portfolios for Institutional-Grade Investing
Bitwise Asset Management has launched Automated Token Portfolios (ATPs), a new investment product that allows users to hold tokenized stock portfolios in their wallets. The initial suite includes three ATPs: Mag7X, Robotics, and AI Leaders.
The Mag7X portfolio provides equal-weighted exposure to eight of the largest companies in the world, including Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and SpaceX. The Robotics portfolio offers equal-weighted exposure to leaders in robotics and autonomous systems, including Tesla, Nvidia, and Amazon.
Bitwise's AI Leaders portfolio provides equal-weighted exposure to companies leading innovation in artificial intelligence, including Nvidia, Microsoft, Alphabet, Meta, Amazon, SpaceX, Tesla, and Sandisk. The ATPs are powered by Coinbase's tokenized U.S. stocks and implemented by Glider, an independent platform.
'For over a century, getting a professional model meant handing your assets to a fund,' said Matt Hougan, CIO of Bitwise. 'ATPs mean you can keep the assets in your own wallet, and the model comes to you.'