Bitwise Takes Early Steps Toward Uniswap ETF Despite Broader Market Risk Aversion

Asset supervisor Bitwise has registered a statutory belief for a Uniswap (UNI) exchange-traded fund (ETF) in Delaware.

This transfer comes because the broader crypto ETF market faces important headwinds. Bitcoin (BTC) and Ethereum (ETH) merchandise are seeing notable outflows, whereas altcoin ETFs document combined outcomes.

Bitwise Registers Uniswap ETF in Delaware

According to Delaware state records, Bitwise registered the “Bitwise Uniswap ETF” on January 27, 2026, underneath file quantity 10486859.

This submitting is an early step earlier than submitting a proper utility to the Securities and Exchange Commission. Although the registration doesn’t assure approval or launch, it demonstrates Bitwise’s intent to broaden its ETF lineup.

The subsequent possible step can be an S-1 registration assertion with the SEC, which can element the fund’s construction, funding strategy, compliance measures, and extra.

The Uniswap ETF registration comes amid a risk-off investor sentiment. This is evidenced by the performance of crypto ETFs. According to SoSoValue data, Bitcoin ETFs recorded $1.33 billion in web outflows final week, whereas Ethereum ETFs noticed $611.17 million exit the merchandise.

Although the flows turned constructive on Monday, the momentum rapidly reversed. On January 27, Bitcoin ETFs posted web outflows of $147.37 million. Ethereum ETFs recorded $63.53 million in outflows.

However, efficiency throughout altcoin ETFs was combined. XRP ETFs attracted $9.16 million in web inflows. Moreover, Solana ETFs noticed $1.87 million in recent inflows, indicating selective investor curiosity. In distinction, the newly launched AVAX ETF continued to report zero web flows, highlighting limited demand at launch.

Overall, the uneven move patterns counsel buyers are taking a extremely selective strategy, allocating capital to only some crypto ETF merchandise. Even the place inflows are current, they continue to be modest, indicating cautious positioning.

UNI Price Outlook

Meanwhile, the Uniswap ETF belief registration didn’t have a major impact on UNI costs. BeInCrypto Markets knowledge confirmed that UNI traded at $4.83 as of press time, up practically 4% over the previous day, according to broader market developments.

Sentiment evaluation round UNI reveals an fascinating sample. Analytics agency Santiment discovered high ranges of unfavourable commentary on Uniswap and Chainlink amongst altcoins. This might current a possible contrarian case for worth restoration.

“Uniswap & Chainlink have each seen a notably high quantity of unfavourable commentary in comparison with different altcoins. With retail dumping, this implies each $UNI & $LINK are candidates for continued worth rebounds within the short-term,” Santiment posted.

Combined with the institutional curiosity proven by the ETF submitting, this dynamic might assist assist UNI’s worth. However, broader market and financial developments will possible be more important for long-term efficiency.

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