SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Companies, the indexing subsidiary of Bitwise Asset Management, immediately introduced the outcomes of the month-to-month reconstitution of the Bitwise Crypto Indexes, which happened on September 30, 2021, at 4pm ET.
There was one change to the constituents of the Bitwise 10 Massive Cap Crypto Index because of the September 30, 2021 reconstitution: Cosmos (ATOM) entered the index, changing Stellar (XLM). As of September 30, 2021, at 4pm ET, the Bitwise 10 Massive Cap Crypto Index held the next constituents: 61.39% Bitcoin (BTC), 26.38% Ethereum (ETH), 5.05% Cardano (ADA), 3.10% Solana (SOL), 0.80% Chainlink (LINK), 0.76% Litecoin (LTC), 0.70% Bitcoin Money (BCH), 0.69% Uniswap (UNI), 0.58% Cosmos (ATOM), and 0.56% Polygon (MATIC).
There have been no modifications to the constituents of the Bitwise Decentralized Finance Crypto Index because of the September 30, 2021 reconstitution. As of September 30, 2021, at 4pm ET, the Bitwise Decentralized Finance Crypto Index held the next constituents: 40.78% Uniswap (UNI), 16.01% Aave (AAVE), 9.99% Maker (MKR), 7.52% Compound (COMP), 5.60% SushiSwap (SUSHI), 4.71% Yearn.Finance (YFI), 4.34% Curve (CRV), 4.23% Ren (REN), 3.55% Bancor (BNT), and three.28% 0x (ZRX).
The Bitwise Crypto Indexes are reconstituted on a month-to-month foundation in response to the foundations of the Bitwise Crypto Index Methodology as utilized by the Bitwise Crypto Index Committee. Minutes of the September 2021 Bitwise Crypto Index Committee assembly are publicly obtainable here.
The Bitwise Crypto Innovators 30 Index of equities reconstitutes quarterly on the third Friday of the final month of every quarter. On account of this reconstitution, on September 17, 2021, Robinhood (HOOD) changed Nexon (3659: Tokyo) as a constituent of the index.
As of September 30, 2021 at 4pm ET, the next had been the ten largest constituents of the Bitwise Crypto Innovators 30 Index: 10.26% Coinbase International Inc. (COIN), 10.19% MicroStrategy (MSTR), 9.66% Galaxy Digital Holdings (GLXY CN), 5.41% Silvergate Capital (SI), 4.94% Northern Knowledge AG (NB2 GR), 4.62% Argo Blockchain (ARB LN), 4.46% Hut 8 Mining (HUT CN), 4.22% Riot Blockchain (RIOT), 4.19% Hive Blockchain Tech (HIVE CN), and 4.11% Marathon Digital Holdings (MARA). The index methodology for the Bitwise Crypto Innovators 30 Index of equities is on the market here.
About Bitwise Asset Administration
Based mostly in San Francisco, Bitwise is among the largest and fastest-growing cryptoasset managers. As of September 30, 2021, Bitwise managed over $1.1 billion throughout an increasing suite of funding options. The agency is thought for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering merchandise spanning bitcoin, ethereum, DeFi and crypto-focused fairness indexes. Bitwise focuses on partnering with monetary advisors and funding professionals to offer high quality schooling and analysis. The workforce at Bitwise combines experience in expertise with many years of expertise in conventional asset administration and indexing, coming from companies together with BlackRock, Blackstone, Fb, and Google, in addition to the U.S. Legal professional’s Workplace. Bitwise is backed by main institutional buyers and asset administration executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Road Journal.
RISK DISCLOSURE AND IMPORTANT INFORMATION
Fastidiously think about the funding targets, danger components, and expenses and bills of any Bitwise funding product earlier than investing. Investing entails danger, together with the attainable lack of principal. There isn’t any assure or assurance that the methodology utilized by Bitwise or any of the Bitwise funding merchandise will end in any Bitwise funding product reaching optimistic funding returns or outperforming different funding merchandise. There isn’t any assure or assurance that an investor’s funding targets can be met by means of an funding into any Bitwise funding product, and an investor could lose cash. Buyers into any Bitwise funding product needs to be prepared to just accept a excessive diploma of volatility within the worth of such funding merchandise and the opportunity of important losses. Bitwise funding merchandise contain a considerable diploma of danger and can be found solely to institutional and particular person accredited buyers.
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