Bitwise registers Delaware trust for Uniswap ETF as crypto ETFs see outflows

Bitwise registered a Delaware statutory trust for a Uniswap (UNI) exchange-traded fund on January 27, 2026, filing the “Bitwise Uniswap ETF” under Delaware file number 10486859. The Delaware registration is an early step before a formal Securities and Exchange Commission application.

The next likely move will be an S-1 registration statement detailing the fund’s structure and compliance; the filing does not guarantee approval or launch but indicates Bitwise’s intent to broaden its ETF lineup. The announcement comes amid notable headwinds for the crypto ETF market.

SoSoValue data showed bitcoin ETFs had $1.33 billion in net outflows last week and ethereum ETFs saw $611.17 million exit; flows briefly turned positive on Monday but reversed, with bitcoin ETFs posting $147.37 million and ethereum ETFs $63.53 million in net outflows on January 27.

Flows across altcoin ETFs were mixed: XRP ETFs attracted $9.16 million and Solana ETFs $1.87 million in inflows, while the newly launched AVAX ETF reported zero net flows. Overall, the uneven patterns suggest investors are taking a highly selective approach, allocating capital to only a few crypto ETF products and maintaining modest positions.

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