Bitwise registers Delaware trust for Uniswap ETF
5.3 Investments Bitwise registered a Delaware trust for a potential Uniswap ETF, a first step that enables future filings but doesn’t guarantee approval or a launch. This follows the SEC closing its Uniswap Labs investigation.
Bitwise Asset Management has registered a statutory trust in Delaware named “Bitwise Uniswap ETF,” signaling an initial step toward a possible exchange-traded fund linked to the Uniswap protocol or UNI token. The filing, dated January 27, 2026, is a standard industry move that typically precedes a formal SEC application but does not guarantee approval or indicate an imminent launch. Such registrations allow firms to secure fund names, outline structures, and react quickly to changing market or regulatory conditions. This action follows the SEC’s closure of its investigation into Uniswap Labs in February 2025, shifting regulatory focus from enforcement to issues like liquidity, custody, and decentralization for any future ETF. Analysts see this as a strategic placeholder, keeping Bitwise’s options open without signaling an active SEC review or set timeline. Uniswap’s strong on-chain activity and trading volumes are key for any ETF proposal, though its decentralized governance and fragmented transaction volume present regulatory and pricing challenges.
