Aptos Strengthens Uptrend as Bitwise Pursues Spot ETF Approval
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Aptos (APT) Strengthens Uptrend as Bitwise Pursues Spot ETF Approval

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Azeez Mustapha

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Aptos advanced sharply after Bitwise Asset Management submitted a registration to the U.S. Securities and Exchange Commission (SEC) for a spot exchange-traded fund centered on the Aptos network. Bitwise’s chief executive, Hunter Horsley, verified the submission on X, noting regulatory constraints on further commentary. The disclosure ignited renewed speculative enthusiasm, propelling APT over 30% from roughly $4.20 to beyond $5.30, while daily turnover soared to $614 million.


This vigorous market response highlights deepening conviction among investors regarding Aptos’ expanding institutional relevance and technological resilience. With anticipation building around potential ETF authorization, sentiment surrounding APT remains distinctly constructive. The move reinforces Aptos’ standing within the competitive Layer-1 landscape and signals a sustained bullish trajectory as liquidity and market participation continue to broaden.

Key Aptos Levels To Watch – October 8

COINBASE:APTUSD Chart Image by amiraoluwaseyifunmi

APTUSD is exhibiting a strong bullish momentum as price trades above the 9-day SMA, confirming renewed buying interest. The MACD histogram remains positive with widening bars, reinforcing continued upward pressure.

Price recently broke through resistance at $5.20 and is now holding above it as new support. If momentum sustains, the next upside target lies near $5.70 and potentially $6.50 in the short term.

APTUSD Key Levels

Resistance Levels: $5.70, $7.40, $8.40
Support Levels: $4.20, $3.10, $1.50

APTUSD Metrics

Total Market Capitalization: $4.15T
APT Market Capitalization: $3.73B
Aptos Volume: $405.02M
Market Rank: #35

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