Bitwise Launches Automated Tokenized Stock Portfolios Covering "Magnificent Seven," AI, and Robotics Themes

On August 25, crypto asset manager Bitwise launched Automated Token Portfolios (ATPs), allowing eligible users outside the U.S. to automatically replicate and periodically rebalance professionally designed portfolios via self-custody wallets. The product is based on Coinbase's tokenized stocks and executed through Glider, initially covering themes such as the "Magnificent Seven," SpaceX, robotics, and AI leaders, charging a 0.15% methodology access fee, excluding trading and platform fees.

Bitwise stated that the relevant tokenized stocks are always held in users' non-custodial wallets, without needing to transfer assets into a fund or entrust them to a manager. Bitwise Chief Investment Officer Matt Hougan said that ATPs allow investors to access professional portfolios without giving up asset custody. As assets remain self-custodied on-chain, users may in the future also lend tokenized stocks within DeFi protocols, but they must bear the associated risks themselves. Bitwise currently manages approximately $9 billion in crypto assets and has continued to expand its on-chain investment product lineup this year.

[BlockBeats]