Bitwise Expands Crypto ETFs Push as SUI Price Holds Support: What’s Next?

Key Insights:

• Bitwise filed 11 crypto ETFs applications, targeting SUI, ZEC, TAO, and other altcoins
• SUI price is holding 0.786 Fibonacci support, which is linked to past cycle lows
• Analysts say rising ETF interest may provide a boost to regulated access to select altcoins

Bitwise has taken a step towards expanding its presence in regulated crypto markets and has filed a new wave of exchange-traded fund applications with US regulators. The filings come as Sui price trades are near a technically important support zone, drawing the attention of several analysts tracking long-term market structure.

On December 30, Bitwise filed documents with the US Securities and Exchange Commission for approval of 11 new crypto strategy ETFs. Several of the proposed products are targeted at assets with existing technical compression or valuation dislocations.

Bitwise Files 11 New Strategy ETFs Targeting Major Altcoins

The filings outline a lineup of strategy ETFs tracking AAVE, Uniswap, Zcash (ZEC), Ethena, Hyperliquid (HYPE), NEAR, Starknet, Sui, Bittensor (TAO), TRON, and Canton. Each fund would have 60% of its assets that are directly allocated to the underlying cryptocurrency.

The remaining 40% would be invested in exchange-traded products linked to those assets. Bitwise also revealed that derivatives can be used to fine-tune exposure.

The structure resembles strategies regulators are already familiar with, implying an attempt to balance direct exposure to crypto with compliant investment vehicles. The filings reveal a planned launch date of March 16th, 2026, subject to approval.

The TAO Strategy ETF is based on Grayscale’s recent filing to turn its Bittensor Trust into a spot ETF. That move has sparked a resurgence in institutional interest in AI-linked crypto assets.

Analysts Identify SUI Price Holding Fibonacci Support

As crypto ETF developments unfold, SUI’s technical positioning has been a focal point.

Charts shared by the Sui Community reveal price holding support around the $1.45, which is close to the 0.786 Fibonacci retracement level on the weekly timeframe.

This level has historically been an area of cycle bottoms in the past. Analysts see the structure as controlled consolidation, not capitulation.

Michael van de Poppe mentioned that the fundamentals of SUI continue to expand despite long-term price weakness. He pointed to consistent growth in total value locked, now estimated at close to $1 billion, and increasing application deployment.

Van de Poppe also indicated recent exchange listings as a key factor. Robinhood added SUI to its list earlier this month, while Coinbase enabled trading access for users in New York.

From a momentum perspective, Satoshi Flipper noted that the weekly RSI remains high compared to previous market bottoms. He pointed out that the gap between price and fundamentals has rarely been so great.

Technical Targets Reflect Asymmetric Upside Potential

SUI price projections shared by analysts remain measured but constructive. The Sui Community

identified upside reference levels at $4.77, $5.59, and $6.47 if the current base is sustained.

These levels are associated with previous resistance zones and are anticipated to range from the current range. No breakout signal has been confirmed immediately, but analysts highlight base stability.

Another chart of CryptoMichNL’s showed SUI compressing below its 20-day moving average. He said that a reclaim of that extent could be the first structural shift since the middle of 2025.

Analysts always describe the current phase as accumulation-driven. They warn that general market trends will still play a factor in timing.

Crypto ETFs Momentum Aligns With Market Outlook

Bitwise’s aggressive filing strategy is a reaction to recent product launches. The firm rolled out the first U.S. spot Solana ETF in October.

It was followed by XRP and Dogecoin-linked products in November. Recent filings also mentioned Hyperliquid, leading to the expectation of a possible U.S.-listed HYP ETF.

Bitwise previously filed for a spot SUI ETF with full exposure. That proposal is still under regulatory review.

Chief Investment Officer Matt Hougan said recently that Bitcoin may break its traditional four-year cycle. He proposed that new highs are possible in 2026 if the liquidity environment continues to be supportive.

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