Bitwise has launched Strats Automated Token Portfolios, allowing eligible non-U.S. users to automatically replicate and rebalance professionally designed crypto portfolios while maintaining self-custody in their own wallets, according to an announcement on Glider's blog.
The product is powered by Coinbase and implemented through Glider, a blockchain infrastructure platform. The initial live offering includes a Mag 7X strategy tracking the largest technology stocks, with robotics and AI-focused portfolios listed as coming soon. Users pay no methodology fees on the live strategy; Glider charges its own platform and trading fees separately.
The launch marks Bitwise's expansion beyond its flagship cryptocurrency index funds into tokenized equity strategies. Bitwise, which manages billions in assets across spot Bitcoin and Ethereum ETFs and crypto index products, has positioned itself as an institutional gateway to digital assets. The company's CEO Hunter Horsley has previously discussed the firm's interest in tokenized stock strategies as a way to combine crypto infrastructure with traditional market exposure.
Glider operates as a self-custody wallet and portfolio management layer built on blockchain rails. The platform allows users to hold assets in non-custodial wallets while accessing automated rebalancing and strategy execution. Coinbase Tokenized Stock Früits (cbBTC and similar tokens representing U.S. stocks) form the underlying assets in these portfolios.
The restriction to non-U.S. users stems from regulatory limits on tokenized securities in the United States. U.S. regulators have not yet established a clear framework for retail access to tokenized stock products, whereas international jurisdictions including parts of Europe have begun permitting such offerings. Bitwise's move targets markets where this regulatory pathway exists.
The Mag 7X strategy replicates holdings in Tesla, Apple, Microsoft, Nvidia, Amazon, Meta, and Google. Professional portfolio design typically involves security selection, position sizing, and periodic rebalancing to maintain target allocations. Bitwise handles this layer; Glider executes it on-chain with the user retaining private key control throughout.
Tokenized securities are gaining traction globally. Regulatory approval in multiple jurisdictions and backing from major custodians like Coinbase have reduced friction for institutional and high-net-worth users seeking blockchain-based equity exposure. Bitwise's entry into automated portfolio management on tokenized stocks expands the use case beyond simple index tracking into active strategy replication.
Glider's selection as the implementation partner gives Bitwise a non-custodial distribution channel for these strategies. Glider's self-custody model appeals to users who want portfolio automation without transferring assets to a third-party fund or exchange. Bitwise's brand and professional portfolio construction add legitimacy to the automated rebalancing mechanism itself.
