Bitwise has launched three automated portfolios built from Coinbase tokenized U.S. stocks for eligible non-U.S. investors. The products combine self-custody with rules-based rebalancing and charge a 0.15% methodology fee, excluding trading expenses and separate Glider platform charges.

The company announced its Automated Token Portfolios, or ATPs, on Aug. 25. Eligible users can follow professional stock models inside their own wallets. The first three portfolios will become available through Glider in the coming weeks.

Today, Bitwise is launching Automated Token Portfolios (ATPs): institutionally designed model portfolios for tokenized stocks that live directly in your crypto wallet—powered by @Coinbase Tokenized Stocks. Bitwise designs the model, you hold the tokenized stocks in your own… pic.twitter.com/MMebg9XPRw — Bitwise (@Bitwise) August 25, 2026

Today, Bitwise is launching Automated Token Portfolios (ATPs): institutionally designed model portfolios for tokenized stocks that live directly in your crypto wallet—powered by @Coinbase Tokenized Stocks. Bitwise designs the model, you hold the tokenized stocks in your own… pic.twitter.com/MMebg9XPRw

Bitwise Investment Manager sets each model’s rules and target weights. Glider purchases assets and rebalances the holdings after users authorize its session credentials, giving the product a managed-portfolio structure without moving assets out of the user’s wallet.

What stocks are included in the Bitwise portfolios?

The Bitwise Mag7X ATP uses equal weighting for Apple, Microsoft, Nvidia and Alphabet. The portfolio also includes Amazon, Meta, Tesla and the private company SpaceX.

The Robotics ATP is made up of companies associated with robotics and autonomy. The named firms are Tesla, Nvidia and Amazon.

The AI Leaders ATP includes companies that produce and/or build AI products and platforms. Those companies include Nvidia, Microsoft, Alphabet, Meta, Amazon, SpaceX, Tesla and Sandisk.

Rather than pooling money inside a fund, each ATP provides a targeted allocation. Glider executes the required trades and rebalances positions when they deviate from the specified weightings, so the models are designed to stay aligned with Bitwise’s rules over time.

Investors hold the stock tokens in non-custodial wallets. Bitwise does not hold investors’ assets, execute trades or manage individual accounts. Selecting a model does not create any advisory, fiduciary or contractual relationship with Bitwise.

Bitwise Chief Investment Officer Matt Hougan said ATPs bring professional portfolio models directly to investors’ wallets while allowing them to retain control of their assets. Glider CEO Brian Huang said the onchain structure broadens international access to models created by established investment managers.

Bitwise also warned that investors can place tokens into finance protocols and use them as collateral, which carries the risk of losses from liquidations.

How are Coinbase stock tokens backed?

Coinbase stock tokens trade through Base under the B20 protocol. The company, incorporated in the Abu Dhabi Global Market, is known as Coinbase Onchain SPV Ltd. According to the company’s prospectuses, one token represents one share in a segregated account.

— Base (@base) August 24, 2026

Alpaca Securities is responsible for trading, buying, selling and holding the shares. Coinbase says the tokens are backed one-to-one and carry shareholder rights, although the eligibility criteria and prospectus terms restrict those rights.

ATP and its underlying securities are available only to eligible non-U.S. persons in certain jurisdictions. The products have not been registered for trading by U.S. persons.

Bitwise’s registration as an investment adviser does not mean the SEC reviewed or endorsed the models. Dividend payments are subject to a 30% U.S. withholding tax unless a tax treaty lowers the rate.

The issuer also deducts an additional 5% distribution charge before withholding and reinvestment. The launch expands Bitwise’s onchain product lineup, which now includes a Morpho lending vault and crypto model portfolios. Bitwise has also partnered with Superstate to explore recording ownership of selected fund shares on a blockchain.