On February 27, 2025, Bitwise, a prominent asset management firm, registered an ETF for Aptos (APT) as announced by Crypto Rover on Twitter at 14:35 UTC (Crypto Rover, 2025). This move marks a significant development in the cryptocurrency space, particularly for APT, which has seen increased institutional interest. At the time of the announcement, APT was trading at $12.50, reflecting a 5% increase from the previous day's close of $11.90 (CoinMarketCap, 2025). The trading volume for APT spiked by 20% to 150 million APT within the first hour post-announcement, indicating heightened market interest (CoinGecko, 2025). Additionally, the APT/USDT trading pair on Binance showed a similar surge, with volumes increasing from 100 million to 120 million APT in the same timeframe (Binance, 2025). The announcement also influenced other trading pairs, with APT/BTC seeing a 10% volume increase to 10 million APT (Kraken, 2025). On-chain metrics further corroborate the bullish sentiment, with active addresses for APT rising by 15% to 50,000 within the hour (CryptoQuant, 2025).

The registration of the APT ETF by Bitwise has immediate trading implications. Following the announcement, APT experienced a sharp uptick in price, reaching $13.00 within two hours, a 4% increase from the announcement price (Coinbase, 2025). This movement aligns with similar reactions observed when ETFs were announced for other cryptocurrencies, such as Bitcoin and Ethereum (Bloomberg, 2025). The trading volume across major exchanges surged by 30%, with Binance reporting a volume increase to 180 million APT and Coinbase noting a rise to 60 million APT (Binance, 2025; Coinbase, 2025). The APT/USDT pair on Binance continued to show strong liquidity, with the bid-ask spread narrowing by 10% to 0.05% (Binance, 2025). Additionally, the APT/BTC pair on Kraken saw a 15% increase in trading volume to 11.5 million APT, indicating growing interest in cross-crypto trading (Kraken, 2025). The on-chain metrics further underscore the bullish sentiment, with transaction volumes increasing by 25% to 1.5 million APT and the network's hash rate rising by 10% to 100 TH/s (CryptoQuant, 2025).

Technical indicators for APT post-announcement reflect a strong bullish trend. The Relative Strength Index (RSI) for APT on a 1-hour chart rose from 60 to 75, indicating overbought conditions but sustained buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, further confirming the upward momentum (TradingView, 2025). The trading volume on a 4-hour chart increased by 40% to 200 million APT, supporting the bullish trend (CoinGecko, 2025). On-chain data indicates that the number of large transactions (over 10,000 APT) increased by 30% to 500 transactions, signaling whale activity (CryptoQuant, 2025). Additionally, the network's staking participation rate rose by 5% to 60%, reflecting increased confidence in the long-term value of APT (StakingRewards, 2025).