[Bitwise to Launch Automated Tokenized Stock Portfolios for Non-U.S. Investors, Fee Rate 0.15%] According to Bloomberg, Bitwise Asset Management, which manages approximately $9 billion in client assets, will launch 'Automated Token Portfolios' (ATP), allowing qualified non-U.S. investors to hold baskets of tokenized stocks in non-custodial wallets. The product will utilize Coinbase's tokenized U.S. equities and leverage technology provided by Glider, with automatic rebalancing based on weights set by Bitwise. The initial portfolios will focus on the 'Big Tech Seven,' artificial intelligence, and robotics themes. Unlike traditional funds, the associated assets will not be pooled into an investment vehicle but will remain in the investors' own wallets. The product will charge a 0.15% methodology access fee and is expected to go live in the coming weeks.