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Digital asset manager Bitwise has made headlines with its latest announcement. The firm disclosed that the Bitwise 10 crypto index ETF (BITW), one of the world’s largest index funds, will begin trading on NYSE Arca as an exchange-traded product. The latest development marks a significant milestone for the fund. Launched in 2017, the firm offers investors exposure to diverse crypto assets without the complexity of holding these assets. According to the announcement, BITW aims to track the 10 largest digital assets by market capitalization. BTC and ETH Dominate Asset Allocation The asset manager noted that the fund will undergo monthly rebalancing. This includes active screening based on liquidity, regulatory standards, and security. During uplifting, the fund held the majority of BTC at 74.34% and ETH at 15%. Aside from these prominent assets, other crypto assets in the index include XRP (5.17%), SOL (3.07%), ADA (0.65%), LINK (0.39%), LTC (0.26%), AVAX (0.24%), SUI (0.24%), and DOT (0.14%). These assets reflect the fund’s aim to represent the industry’s biggest players. However, BITW takes a different turn from traditional EFTs registered under the Investment Company Act of 1940. As such, it does not offer the same protections as standard mutual funds. While the company highlighted the volatility of crypto, it stated that BITW is not suitable for every investor. Index Fund Model Offers Diversified Crypto Exposure Matt Hougan, CIO of Bitwise, explained that many investors see a future for crypto but are unsure which tokens will lead in the long run. He believes the index fund model solves this problem by providing diversified exposure without the need to pick individual winners. By holding the largest assets in the sector, BITW aims to adapt naturally as the market evolves. Additionally, the firm’s CEO, Hunter Horsley, described the uplifting as a “watershed moment” for the industry. He noted that having a crypto index product trading on the NYSE signals growing mainstream adoption. With that, he expects index-strategy investing to become a known entry point as more people look to include crypto in their portfolio. The index behind BITW is guided by the Bitwise Index Advisory Board, which includes leading figures from the finance and blockchain industries. With rules focused on custody, security, and regulatory requirements, the index seeks to provide a clearer, safer view of the investable crypto market. The post Bitwise Debuts Crypto Index Fund Tracking 10 Cryptocurrencies appeared first on CoinTab News.Digital asset manager Bitwise has made headlines with its latest announcement. The firm disclosed that the Bitwise 10 crypto index ETF (BITW), one of the world’s largest index funds, will begin trading on NYSE Arca as an exchange-traded product. The latest development marks a significant milestone for the fund. Launched in 2017, the firm offers investors exposure to diverse crypto assets without the complexity of holding these assets. According to the announcement, BITW aims to track the 10 largest digital assets by market capitalization. BTC and ETH Dominate Asset Allocation The asset manager noted that the fund will undergo monthly rebalancing. This includes active screening based on liquidity, regulatory standards, and security. During uplifting, the fund held the majority of BTC at 74.34% and ETH at 15%. Aside from these prominent assets, other crypto assets in the index include XRP (5.17%), SOL (3.07%), ADA (0.65%), LINK (0.39%), LTC (0.26%), AVAX (0.24%), SUI (0.24%), and DOT (0.14%). These assets reflect the fund’s aim to represent the industry’s biggest players. However, BITW takes a different turn from traditional EFTs registered under the Investment Company Act of 1940. As such, it does not offer the same protections as standard mutual funds. While the company highlighted the volatility of crypto, it stated that BITW is not suitable for every investor. Index Fund Model Offers Diversified Crypto Exposure Matt Hougan, CIO of Bitwise, explained that many investors see a future for crypto but are unsure which tokens will lead in the long run. He believes the index fund model solves this problem by providing diversified exposure without the need to pick individual winners. By holding the largest assets in the sector, BITW aims to adapt naturally as the market evolves. Additionally, the firm’s CEO, Hunter Horsley, described the uplifting as a “watershed moment” for the industry. He noted that having a crypto index product trading on the NYSE signals growing mainstream adoption. With that, he expects index-strategy investing to become a known entry point as more people look to include crypto in their portfolio. The index behind BITW is guided by the Bitwise Index Advisory Board, which includes leading figures from the finance and blockchain industries. With rules focused on custody, security, and regulatory requirements, the index seeks to provide a clearer, safer view of the investable crypto market. The post Bitwise Debuts Crypto Index Fund Tracking 10 Cryptocurrencies appeared first on CoinTab News.

Bitwise Debuts Crypto Index Fund Tracking 10 Cryptocurrencies

2025/12/10 03:15

The latest development marks a significant milestone for the fund. Launched in 2017, the firm offers investors exposure to diverse crypto assets without the complexity of holding these assets. According to the announcement, BITW aims to track the 10 largest digital assets by market capitalization.

BTC and ETH Dominate Asset Allocation

The asset manager noted that the fund will undergo monthly rebalancing. This includes active screening based on liquidity, regulatory standards, and security. During uplifting, the fund held the majority of BTC at 74.34% and ETH at 15%.

Aside from these prominent assets, other crypto assets in the index include XRP (5.17%), SOL (3.07%), ADA (0.65%), LINK (0.39%), LTC (0.26%), AVAX (0.24%), SUI (0.24%), and DOT (0.14%). These assets reflect the fund’s aim to represent the industry’s biggest players.

However, BITW takes a different turn from traditional EFTs registered under the Investment Company Act of 1940. As such, it does not offer the same protections as standard mutual funds. While the company highlighted the volatility of crypto, it stated that BITW is not suitable for every investor.

Index Fund Model Offers Diversified Crypto Exposure

Matt Hougan, CIO of Bitwise, explained that many investors see a future for crypto but are unsure which tokens will lead in the long run. He believes the index fund model solves this problem by providing diversified exposure without the need to pick individual winners. By holding the largest assets in the sector, BITW aims to adapt naturally as the market evolves.

Additionally, the firm’s CEO, Hunter Horsley, described the uplifting as a “watershed moment” for the industry. He noted that having a crypto index product trading on the NYSE signals growing mainstream adoption. With that, he expects index-strategy investing to become a known entry point as more people look to include crypto in their portfolio.

The index behind BITW is guided by the Bitwise Index Advisory Board, which includes leading figures from the finance and blockchain industries. With rules focused on custody, security, and regulatory requirements, the index seeks to provide a clearer, safer view of the investable crypto market.

The post Bitwise Debuts Crypto Index Fund Tracking 10 Cryptocurrencies appeared first on CoinTab News.

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