How ATPs Work, and How to Ship Them in Your App
An Automated Token Portfolio is a portfolio product any app can offer: a published Bitwise model, executed in each end user's own wallet by Glider's infrastructure. No custody, no pool, one API.
An Automated Token Portfolio is a portfolio product any app can offer: a published, rules-based model designed by Bitwise, executed in each end user's own wallet by Glider's infrastructure. No custody, no pool, no exchange listing, and no brokerage inside the loop. This piece walks through how the machinery works and what integrating it looks like. Technical details verified against the Glider Developer Portal and Bitwise's published materials in August 2026.
The product in one paragraph
Bitwise designs and publishes a model portfolio: which assets it holds and at what weights, under a rules-based methodology. Coinbase issues the holdings as tokenized US stocks. Glider implements the model onchain, rebalancing each enrolled user's wallet to the published weights through credentials the user authorizes. The first model is the Bitwise Mag7X, with Robotics and AI Leaders announced to follow. ATPs are available to eligible non-US persons only. ATPs are the first Direct-to-Wallet Strategies: institutionally managed portfolios whose assets live in each investor's own wallet, the category Glider's infrastructure was built to power.
The execution model
Three properties define the architecture. First, the model is published, not pooled: the methodology is a public document, and every enrolled wallet holds the actual assets rather than a share of anything. Second, execution runs on limited-authority session credentials. The user signs once, granting a narrow, revocable set of permissions scoped to portfolio actions; the credentials cannot withdraw funds, and the user can revoke them at any time, which stops all future rebalancing. Third, the roles stay separated: Bitwise's published disclosures state that it holds no private key, session key, or signing authority and initiates no transactions. Glider operates the execution and rebalancing infrastructure. The issuer never touches a wallet.
Non-custodial by construction
Each portfolio lives in a smart account that belongs to the end user. Assets never move to Glider, to Bitwise, or to the integrating app. For a product team, that removes the heaviest requirement in financial infrastructure: there is no client-asset custody to build, license, or insure inside your stack. Glider also covers gas and DEX aggregator fees across the execution path, so end users never handle gas tokens or bridging, and rebalances arrive without per-transaction network costs.
What the integration surface looks like
The integration is one API. The Glider Developer Portal exposes a B2B API covering the full lifecycle: enroll an end user through a two-stage, user-signed flow, fund the smart account, and automation takes over from there. Strategies carry scoped access controls, from strategies:read for reading configuration and version history to enroll:write for initiating enrollment. The runtime OpenAPI document is public, and the docs ship an llms.txt index, so an agent-assisted team can work through the integration in a single session. Passkey-based onboarding gives end users an onchain account through a signup flow that looks like any modern fintech app. The same infrastructure already powers portfolios inside consumer apps at production scale, including the Grow integration.
What your users get
A portfolio designed by an institutional asset manager, rebalanced automatically, held in the user's own wallet, with every position individually theirs. Distribution is not gated on being a crypto app: any product that can reach eligible non-US users can offer ATPs, whether it is a wallet, a neobank, an exchange, or a consumer fintech with no onchain surface today. Glider is backed by a16z CSX, Coinbase Ventures, and Uniswap Ventures, and the platform's role in the ATP stack is the same one it plays for its own users: execution, rebalancing, and covered gas, never custody.
Frequently asked questions
Do user assets ever touch our custody or Glider's?
No. Assets remain in each end user's own smart account throughout. Glider executes through limited-authority session credentials that permit portfolio actions but not withdrawals, and the integrating app never takes custody of client assets. Bitwise holds no keys or signing authority of any kind.
What can session credentials do?
They authorize a narrow, scoped set of portfolio actions: trading to the published model's weights through whitelisted routes, within defined limits and duration. They cannot withdraw the user's funds, and the user can revoke them at any time, which ends all future automated rebalancing immediately.
What does the API cover?
The full portfolio lifecycle: creating and reading strategies, enrolling end users through a two-stage signed flow, funding accounts, automation, and withdrawals, plus a public runtime OpenAPI document and an llms.txt index for agent-assisted development. The Developer Portal's quickstart runs from API key to a live automated portfolio.
Who can offer ATPs?
Any app whose users are eligible non-US persons, under Regulation S. The arrangement between Bitwise and Glider is non-exclusive, and additional implementing platforms may be added. Distribution is open to apps inside and outside the crypto ecosystem.
What does it cost?
End users pay Bitwise's 0.15% methodology access fee plus Glider's 0.30% fee on automated trading volume; Glider covers all gas and DEX aggregator fees. Glider's platform terms describe how fee revenue flows back to distribution partners. There is no expense ratio, because there is no fund.
The bottom line
Offering a professionally designed portfolio used to require becoming, or partnering with, a fund. The ATP stack reduces it to an API integration: the model is published, execution is automated, custody never moves, and the end user owns every asset. The portfolio product is now a feature any app can ship.
Start with the Glider Developer Portal or talk to the team about distribution.
