Crypto asset manager Bitwise has filed with the U.S. Securities and Exchange Commission to roll out 11 crypto “strategy” exchange-traded funds (ETFs), expanding its push beyond bitcoin and ether to tokens including Aave (AAVE), Uniswap (UNI), Zcash (ZEC), Sui (SUI) and Bittensor’s TAO.

The N-1A filings, submitted Tuesday, describe a structure that would allow each fund to place up to 60% of assets directly into the underlying token, while the remaining portion could be invested in exchange-traded products and, potentially, derivatives such as futures and swaps.

The filings arrived the same day Grayscale moved to convert its Bittensor trust into an exchange-traded product. Grayscale chairman Barry Silbert said in a post on X that the application reflects the rapid emergence of decentralized artificial intelligence as one of the newest investable themes in U.S. crypto markets.

Bittensor functions as an open network that uses crypto-economic incentives to coordinate machine-learning development, rewarding contributors of models and computing power with TAO. The project has gained traction as investors look for AI-related crypto exposure beyond traditional smart-contract platforms.

Bitwise’s latest applications underscore how ETF issuers are broadening their offerings following the success of spot bitcoin and ether ETFs. The firm already runs spot ETFs tied to bitcoin, ether, solana and XRP, and has filed additional proposals linked to assets such as Sui and Hyperliquid.