Bitwise Launches Automated Token Portfolios, Leveraging Coinbase and Glider for Non-U.S. Investors — Bitwise Asset Management, Inc.

Event summary

Bitwise Asset Management launched Automated Token Portfolios (ATPs) on August 25, 2026, offering non-U.S. investors tokenized stock portfolios that automatically align with Bitwise-designed models.
Initial ATPs include Mag7X, Robotics, and AI portfolios, powered by Coinbase's tokenized U.S. stocks and Glider's rebalancing technology.
ATPs allow investors to hold tokenized stocks in their own wallets, enabling potential DeFi lending or borrowing opportunities.
The service is available only to non-U.S. persons in eligible jurisdictions, with a 0.15% methodology access fee.

The big picture

Bitwise's ATPs represent a strategic shift in asset management, blending institutional portfolio design with self-custody crypto infrastructure. The launch underscores the growing convergence of traditional finance and decentralized technology, particularly in tokenizing equities and automating portfolio management. With $9 billion in AUM, Bitwise's move could pressure incumbents to innovate or risk losing market share to more agile, tech-driven competitors.

What we're watching

Regulatory Headwinds: Whether Bitwise can expand ATPs to U.S. investors amid regulatory constraints on tokenized securities.
Adoption Pace: The pace at which non-U.S. investors adopt ATPs, particularly in regions with limited access to traditional investment products.
Competitive Response: How traditional asset managers and crypto-native firms respond to Bitwise's ATP model, potentially launching competing products.