Bitwise Unveils Automated Token Portfolios for Non-US Investors

Bitwise has launched Automated Token Portfolios (ATPs), a new product that lets eligible non-U.S. investors hold and automatically manage baskets of tokenized stocks directly in their own wallets.

The offering combines Bitwise portfolio design, Coinbase's tokenized stocks, and Glider automation. The ATPs are available to non-U.S. persons in eligible jurisdictions outside the United States.

Bitwise is starting with three initial portfolios: Mag7X, Robotics, and AI Leaders. The Mag7X ATP provides equal-weighted exposure to Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla, plus SpaceX.

'For one, you can be more precise,' said Chief Investment Officer Matt Hougan. 'Traditional funds and ETFs often have requirements to hold 10, 20, 30, 40 stocks. What if you want to design a strategy that only has three or four names in it?'