Bitwise Uniswap ETF

S-1 filed

Bitwise Uniswap ETF (the Trust) is an exchange-traded product issuing common shares to track Uniswap's value, less operational expenses. Managed by Bitwise Investment Advisers, LLC, it uses the CME CF Uniswap-Dollar Reference Rate for net asset value calculations. The Trust will pay a 0.[XXX]% annual management fee to the Sponsor. Shares are created/redempted in blocks of 10,000 (Baskets) and will be listed on [XXX] under ticker [XXX]. Coinbase Custody serves as the custodian for Uniswap holdings. The Trust may later introduce staking as a secondary objective. It is an emerging growth company with risks including market volatility, regulatory changes, and speculative nature.