Bitwise Launches Automated Tokenized Stock Portfolios on Coinbase’s Onchain Shares

You no longer need to file paperwork with a traditional fund manager to hold a diversified basket of the Magnificent Seven. You just need a wallet.

Bitwise has launched Automated Token Portfolios, or ATPs, built on top of Coinbase’s tokenized US stocks and run through Glider, an onchain portfolio automation platform. The first three products are the Bitwise Mag7X ATP, giving equal-weighted exposure to Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and SpaceX; the Bitwise Robotics ATP, targeting companies in robotics and autonomous systems; and the Bitwise AI Leaders ATP, tracking companies at the front of the AI buildout. Bitwise sets the portfolio methodology and charges a 0.15% access fee; Glider handles the actual trade execution and rebalancing.

The self-custody part is the structural break from how this normally works. Investors hold the individual tokenized shares directly in their own non-custodial wallets rather than owning shares of a fund that holds the stocks on their behalf. That means the tokens can also be used elsewhere in DeFi, as collateral for lending or borrowing, subject to whatever risks those separate protocols carry, something a traditional ETF or mutual fund structure simply doesn’t allow.

The launch is available only to eligible non-US investors, and it lands one day after Coinbase’s tokenized US stocks went live on Base, the underlying product Bitwise is building on top of. That sequencing matters: Bitwise isn’t launching new tokenized equities of its own, it’s layering portfolio construction and automated rebalancing on top of an asset that only just started trading onchain, a bet that packaging and automation, not the underlying tokenization itself, is where the next round of competition in this space actually happens.

Want to understand how tokenized stocks differ from a traditional ETF holding the same shares? Learn more in the Bitcoin Academy.