Bitwise Unveils Automated Token Portfolios Powered by Coinbase and Glider

Bitwise Asset Management has launched Automated Token Portfolios (ATPs), powered by Coinbase and Glider. These portfolios allow users to hold tokenized stock portfolios in their wallets that automatically align with Bitwise-designed models.

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.

Bitwise's CIO, Matt Hougan, said that ATPs give people a choice between direct token ownership and professional-grade portfolio construction. He also stated that this new way of accessing thematic exposures is 'just scratching the surface.'