Bitwise Asset Management is bringing its model-portfolio strategy into crypto wallets with the launch of Automated Token Portfolios (ATPs), which combine Coinbase’s tokenized stocks with Glider’s automated rebalancing technology.

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

The products are available only to eligible non-U.S. persons in supported jurisdictions outside the United States.

Bitwise Brings Model Portfolios Onchain

ATPs are designed as an alternative to traditional pooled funds for investors seeking exposure to a specific stock strategy. Bitwise builds the portfolio models, while users hold and trade the tokenized stocks in non-custodial wallets. Bitwise Glider automatically adjusts holdings and implements the strategy based on Bitwise’s published holdings.

The structure separates portfolio design, execution and custody, which matters because it keeps the assets in user wallets rather than inside a fund wrapper. Bitwise says it does not hold users’ assets, initiate transactions or control individual portfolios.

The methodology access fee is 0.15%, excluding trading costs and any separate fees charged by Glider.

Three Themes Lead the Launch

Bitwise is launching three ATPs centered on different themes.

Mag7X ATP is built around eight large companies, with Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla and SpaceX represented equally.

Robotics ATP targets companies in the robotics and autonomous systems space, including Tesla, Nvidia and Amazon among its holdings.

AI Leaders ATP focuses on companies that Bitwise describes as leaders in artificial intelligence, including Nvidia, Microsoft, Alphabet, Meta, Amazon, SpaceX, Tesla and Sandisk.

Bitwise says the portfolios are not models or personalized investment advice. The firm also says the products are intended to give investors exposure to emerging investment themes before a new ETF or pooled vehicle becomes available.

Coinbase Supplies the Tokenized Stocks

The underlying assets are tokenized U.S. stocks that Coinbase recently made available to eligible non-U.S. users.

Coinbase says its tokenized stocks represent underlying equity interests and are backed 1:1 by shares, subject to the relevant product terms and regulatory framework. Bitwise says it has not independently verified Coinbase’s representations regarding backing, shareholder rights or redemption.

Bitwise’s disclosures state that the tokenized stocks are issued by a Coinbase entity licensed in the Abu Dhabi Global Market (ADGM).

The setup creates a three-part structure: Coinbase provides the tokenized stock exposure, Bitwise publishes the portfolio methodology, and Glider handles automated implementation.

Self-Custody and DeFi Use Cases

A key difference from traditional funds is custody. ATPs do not transfer the tokenized stocks into a pooled entity managed by a fund sponsor.

Bitwise says the structure could allow compatible tokens to be used in DeFi for lending or borrowing, depending on the availability of appropriate protocols, though such activity carries risks including liquidation.

Bitwise also says the model gives investors a direct role in deciding when to exit an investment. At the same time, users remain responsible for their wallets and for actions taken on the Glider platform.

For now, the products are barred from sale to U.S. persons under Regulation S of the Securities Act of 1933. Bitwise also emphasizes that the SEC’s registration of Bitwise does not indicate approval or endorsement of the ATPs.

Unlike traditional portfolio products, the launch brings portfolio construction to blockchain while leaving the underlying stocks in users’ wallets.