Bitwise Launches Tokenized Stock Portfolios as Market Hits $2.49B

Bitwise Asset Management has launched automated portfolios built on Coinbase’s tokenized US stocks, with rebalancing handled by Glider. Two independent outlets, Cointelegraph and The Block, confirm the core event: a self-custodied, Coinbase-powered product covering Mag 7, AI and robotics themes. Rebalancing details, fee structure and exact market figures below come from a single confirmed source and should be read accordingly.

What Two Sources Confirm

Both reports agree on the shape of the product. Bitwise designed the model portfolios, Glider executes the trades and rebalancing, and the underlying assets are Coinbase’s tokenized US equities. Three initial strategies were named across both outlets: Mag7X, robotics, and AI leaders.

This is not a fund wrapper. Investors hold the individual tokenized shares directly in their own non-custodial wallets. Bitwise sets the allocation methodology; it does not take custody of the underlying assets.

Mechanics, Fees and Eligibility

According to Cointelegraph, eligibility is restricted to non-US investors, consistent with how Coinbase has structured access to its tokenized stock offering more broadly. Bitwise charges a 0.15% methodology access fee, separate from trading costs and any Glider platform fees.

Named holdings in the initial lineup include Apple, Nvidia, Microsoft, Tesla and SpaceX. Because holders retain the underlying tokens rather than fund shares, Bitwise noted the assets can also be deployed in DeFi lending or borrowing markets, carrying the usual protocol risks that come with that.

The launch follows Coinbase’s tokenized US stocks going live on its Base network a day earlier, enabling around-the-clock trading for eligible non-US users and DeFi composability for those tokens.

The Numbers Behind the Category

Tokenized listed stocks across the market totaled $2.49 billion as of the announcement, up 5.18% over the prior month, per data cited from rwa.xyz. That dataset also put holder count at 2.25 million and monthly transfer volume at $27.28 billion.

These figures come from a single cited source and reflect an aggregated snapshot at time of reporting, not a live feed. Readers building on this data should treat it as a point-in-time reading rather than a real-time indicator of tokenized equity flows.

For holders, the distinction matters. A rebalanced, self-custodied basket of tokenized Mag 7 and AI names is a different risk profile than a fund share. The tokens can move, be pledged, or sit idle in DeFi, and each of those paths carries its own smart-contract and counterparty exposure that a traditional brokerage wrapper does not.

Bitwise has not disclosed assets under management for the new portfolios. The 0.15% fee, the named holdings, and the rwa.xyz figures remain single-sourced pending further confirmation.

Sources

• cointelegraph.com
• theblock.co