Bitwise Announces End-of-December 2021 Crypto Index Rebuild Results | Deal

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SAN FRANCISCO – (BUSINESS WIRE) – January 3, 2022–

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly rebuilding of the Bitwise Crypto Indexes, which took place December 31, 2021, at 4:00 PM ET.

There has been a change to the components of the Bitwise 10 Large Cap Crypto Index following the rebuild on December 31, 2021: Avalanche entered the index, replacing Uniswap. As of December 31, 2021, at 4 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following components: 58.69% Bitcoin (BTC), 29.33% Ethereum (ETH), 3.52% Solana (SOL), 2.98% Cardano (ADA), 1.76% Avalanche (AVAX), 1.19% Polygon (MATIC), 0.71% Algorand (ALGO), 0.68% Litecoin (LTC), 0.60% Chainlink (LINK) and 0.54% Bitcoin Cash (BCH).

There has been a change to the components of the Bitwise Decentralized Finance Crypto Index following the rebuild on December 31, 2021: Loopring re-entered the index, replacing Ren. As of December 31, 2021, at 4 p.m. ET, the Bitwise Decentralized Finance Crypto Index held the following components: 31.32% Uniswap (UNI), 14.95% Aave (AAVE), 11.65% Loopring (LRC), 10 , 09% Maker (MKR), 9.95% Curve (CRV), 5.43% Compound (COMP), 5.30% SushiSwap (SUSHI), 5.08% Yearn.Finance (YFI), 3.30% Bancor (BNT) and 2.93% 0x (ZRX).

The Bitwise Crypto Indices are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology applied by the Bitwise Crypto Index Committee. The minutes of the December 2021 Bitwise Crypto Index Committee meeting are publicly available here.

The Bitwise Crypto Innovators 30 stock index reconstitutes quarterly on the third Friday of the last month of each quarter. Following this reconstitution, on December 17, 2021, Bakkt Holdings, Iris Energy, Greenidge Generation Holdings and BIT Mining replaced Ebang International Holdings, BIGG Digital Assets, EQONEX and Arcane Crypto as components of the index. As of December 31, 2021 at 4 p.m. ET, the following were the 10 largest components of the Bitwise Crypto Innovators 30 Index: 10.71% Coinbase Global Inc. (COIN), 10.17% Silvergate Capital (SI), 9.73 % MicroStrategy (MSTR), 4.86% Voyager Digital (VOYG CN), 4.67% Galaxy Digital Holdings (GLXY CN), 4.28% Hut 8 Mining (HUT CN), 4.06% Northern Data AG (NB2 GR), 4.00% Marathon Digital Holdings (MARA), 3.96% Riot Blockchain (RIOT) and 3.89% Hive Blockchain Tech (HIVE CN). The index methodology for the Bitwise Crypto Innovators 30 Stock Index is available here.

NFT’s Bitwise Blue-Chip NFT Collections Index reconstitutes quarterly on the last business day of each quarter. As the index was initially launched on December 14, 2021, there are no new traders or changes to the index components. As of December 31, 2021, at 4 p.m. ET, the Bitwise Blue-Chip NFT Collections Index held the following: 32.69% CryptoPunks, 30.67% Bored Ape Yacht Club, 10.27% Mutant Ape Yacht Club, 4 , 90% VeeFriends, 4.52% Cool Cats, 3.93% autoglyphs, 3.88% Fidenza, 3.30% Cromie Squiggle, 3.12% Meebit and 2.71% CyberKongz Genesis. The index methodology for the Bitwise Blue-Chip NFT Collections Index is available here.

Information on bitwise resource management

Based in San Francisco, Bitwise is one of the largest and fastest growing cryptocurrency managers. As of December 31, 2021, Bitwise managed over $ 1.3 billion through an expanding suite of investment solutions. The company is known for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering products spanning bitcoin, ethereum, DeFi, and cryptocurrency-focused equity indices. Bitwise focuses on partnering with financial advisors and investment professionals to deliver quality education and research. The Bitwise team combines expertise in technology with decades of experience in managing and indexing traditional assets from companies such as BlackRock, Blackstone, Facebook and Google, as well as the US Attorney’s Office. Bitwise is supported by leading institutional investors and asset management executives, and has been profiled on Institutional Investor, CNBC, Barron’s, Bloomberg and The Wall Street Journal.


Carefully consider the investment objectives, risk factors, and the charges and expenses of any Bitwise investment product before investing. Investing involves risks, including the possible loss of principal. There is no guarantee or assurance that the methodology used by Bitwise or any of the Bitwise investment products will result in a Bitwise investment product that achieves positive investment returns or outperforms other investment products. There is no guarantee or assurance that an investor’s investment objectives will be achieved through an investment in a Bitwise investment product and an investor could lose money. Investors in any Bitwise investment product should be prepared to accept a high degree of volatility in the price of that investment product and the possibility of significant losses. Bitwise investment products carry a significant degree of risk. Some Bitwise investment products may only be available to accredited institutional and individual investors.

Some of the Bitwise investment products may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and cryptographic tokens. Since crypto assets are a new technological innovation with a limited history, they are a highly speculative asset. Future regulatory actions or policies may limit your ability to sell, trade or use a crypto asset. The price of a cryptocurrency can be affected by the transactions of a small number of holders of that cryptocurrency. Crypto assets can decrease in popularity, acceptance or use, which can affect their price. The technology related to cryptographic assets and the blockchain is new and developing. Currently, there are a limited number of listed or publicly traded companies for which crypto assets and blockchain technology represent an attributable and significant revenue stream.

NFTs are an extremely new artistic and cultural phenomenon and interest in such works of art may decline. If the demand for NFT artwork decreases, the prices of NFT items could be negatively impacted. The NFT market can be subject to low trading volumes, extreme accumulation, low liquidity and high risk of bankruptcy. NFTs are also subject to risks and challenges associated with intellectual property rights and fraud.

The views expressed herein are intended to provide insight or education and are not intended as individual investment advice. Bitwise does not represent that this information is accurate and complete and should not be considered as such.

This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results. This information should not be regarded by the reader as investment research or advice regarding funds or any particular security. Past performance is no guarantee of future results.

Diversification may not protect against market risk. Diversification does not guarantee a profit or protect against a loss in a declining market.

Bitwise may attempt to list the shares of its investment products on a secondary market. However, there is no guarantee that this will be successful. Although the shares of some Bitwise investment products have been approved for trading on a secondary market, investors in any other Bitwise investment product should not assume that the shares will ever gain such approval due to a number of factors, including inquiries. that regulators such as the SEC, FINRA or other regulatory bodies may have regarding the investment product. Shareholders of such investment products should be prepared to bear the risk of investing in the shares indefinitely.

This press release is not an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or solicitation would be illegal, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation or the sale would be illegal prior to registration or qualification under the securities laws of that jurisdiction. The offer and sale of these investment products have not been registered or approved or disapproved by the Securities and Exchange Commission or the securities commission or regulatory authority of any foreign state or jurisdiction.

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CONTACT: Frank Taylor / Ryan Dicovitsky

Public Relations Dukas Linden



SOURCE: Bitwise Asset Management

Copyright Business Wire 2022.

PUB: 01/03/2022 21: 24 / DISCO: 01/03/2022 21:24


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