SAN FRANCISCO–(BUSINESS WIRE)–October 6, 2022–
Bitwise Index Services, an indexing subsidiary Bitwise asset managementtoday announced the results of the monthly reconstitution of the Bitwise Crypto Index, which took place on September 30, 2022 at 4:00 PM ET.
As a result of the September 30, 2022 restructuring, there was one change to the composition of the Bitwise 10 Large Cap Crypto Index. Uniswap re-enters the index, replacing Litecoin. As of 4:00 PM ET on September 30, 2022, the Bitwise 10 Large Cap Crypto Index had the following constituents: 62.99% Bitcoin (BTC), 27.25% Ethereum (ETH). , 2.46% Cardano (ADA), 2.02% Solana (SOL) ), 1.22% Polkadot (DOT), 1.14% Polygon (MATIC), 0.86% Avalanche (AVAX), 0.81% Uniswap (UNI), 0.64% Cosmos ( ATOM), and 0.62% Chainlink (LINK).
As a result of the reconstitution on September 30, 2022, there were no changes to the constituents of the Bitwise Decentralized Finance Crypto Index. As of 4:00 PM ET on September 30, 2022, the Bitwise Decentralized Finance Crypto Index had the following constituents: 52.25% Uniswap (UNI), 11.43% Aave (AAVE), 7.36. % Maker (MKR), 5.37% Curve DAO Token ( CRV), 5.35% Lido DAO (LDO), 4.83% Compound (COMP), 4.02% Loopring (LRC), 3.69% Convex Finance (CVX), 3.23% Yearn Finance ( YFI), and 2.47% 0x (ZRX).
As a result of the September 30, 2022 restructuring, there was one change to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index. Uniswap re-enters the index, replacing Litecoin. As of September 30, 2022 at 4pm, the Bitwise 10 ex Bitcoin Large Cap Crypto Index consists of: Ethereum (ETH) 73.61%, Cardano (ADA) 6.64%, Solana (SOL) 5.45%, Polka Dot 3.29% (DOT), 3.09% Polygon (MATIC), 2.32% Avalanche (AVAX), 2.19% Uniswap (UNI), 1.72% Cosmos (ATOM), and 1.69% Chainlink (LINK).
Bitwise Crypto Indexes are reconstituted monthly according to cryptocurrency regulations. Bitwise Cryptographic Index Methodology Applied by the Bitwise Crypto Index Committee. The Minutes of the September 2022 Bitwise Crypto Index Committee Meeting Are Available here.
The Ball Multicoin Bitwise Metaverse Index will be reconstituted quarterly in February, May, August and November, resulting in no change as of September 30, 2022. It had 27 components. Below are the 10 largest constituents of the Ball Multicoin Bitwise Metaverse Index: 9.13% ChainLink (LINK), 8.71% Ethereum (ETH), 8.30% Solana (SOL), 8.07% Polygon (MATIC), 8.07% Filecoin (FIL ), 6.05% Binance Coin (BNB), 5.70% Uniswap (UNI), 4.94% Alweave (AR), 4.93% Graph Protocol (GRT), 4.13% Ethereum Name Service (ENS).Index Strategy for Ball Multicoin Bitwise Metaverse Index Available here.
The Bitwise Crypto Innovators 30 Index of Equities has been restructured on a quarterly basis, with one change as a result of the restructure on September 30, 2022. Visa (V) has joined the index on behalf of Tesla (TSLA). As of 4:00 PM ET on September 30, 2022, the top 10 stocks in the Bitwise Crypto Innovator 30 Index are: 11.09% Coinbase Global Inc. (COIN), 10.93% MicroStrategy (MSTR). , 9.87% Silvergate Capital (SI), 5.34% Riot Blockchain (RIOT), 4.98% Hut 8 Mining (HUT CN), 4.87% Canaan Inc. (CAN), 4.75% Marathon Digital Holdings (MARA), 4.50% Bakkt Holdings ( BKKT), 4.25% Galaxy Digital Holdings (GLXY CN), and 3.99% Hive Blockchain (HIVE CN). Index Methodology for Bitwise Crypto Innovators 30 Index of Equities Now Available here.
The Bitwise Blue-Chip NFT Collections Index was reconstituted on a quarterly basis and was unchanged as a result of the reconstitution on September 30, 2022. As of 4:00 PM ET on September 30, 2022, the Bitwise Blue-Chip NFT Collections Index held the following constituents: 33.43% Bored Ape Yacht Club, 26.98% CryptoPunks and 13.13%. Mutant Ape Yacht Club, 5.19% CloneX, 4.44% Moonbirds, 4.37% Chromie Squiggle, 4.09% Azuki, 3.21% Doodles, 2.62% VeeFriends, 2.53% Meebits. Bitwise Blue-Chip NFT Collections Index index methodology available here.
About Bitwise Asset Management
Based in San Francisco, Bitwise is one of the largest and fastest growing crypto asset managers. As of the end of 2021, Bitwise has over $1.3 billion under management across his growing array of investment solutions. The company manages the world’s largest crypto index fund (OTCQX: BITW) and is known for pioneering products spanning Bitcoin, Ethereum, DeFi, and crypto-focused equity indices. Bitwise focuses on providing quality education and research in partnership with financial advisors and investment professionals. The Bitwise team combines technology expertise with decades of traditional asset management and indexing experience from companies such as BlackRock, Blackstone, Facebook, Google, and the US Department of Justice. Bitwise is backed by leading institutional investors and asset management executives and has been featured in Institutional Investor, CNBC, Barron’s, Bloomberg and The Wall Street Journal.
Risks and Important Information
Please carefully consider the investment objectives, risk factors, and fees and expenses of Bitwise investment products before investing. Investing involves risk, including possible loss of principal. There is no guarantee that the methodology used by Bitwise or any of the Bitwise investment products will result in a positive investment return or outperform any other investment product. There is no guarantee that an investor’s investment objective will be achieved through investing in her Bitwise investment products, and the investor may lose money. Investors in Bitwise investment products should be willing to accept a high degree of volatility in the prices of such investment products and the potential for significant losses. Bit-wise investment products involve considerable risk. Certain of his Bitwise investment products may only be available to institutional and individual accredited investors.
Some Bitwise investment products may expose you to risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Crypto-assets are highly speculative assets as they are new innovations with limited history. Future regulatory actions or policies may restrict the sale, exchange or use of crypto assets. The price of crypto-assets may be affected by the trading of a small number of owners of such crypto-assets. Crypto-assets may experience a decline in popularity, acceptance or use, which may affect their price. Technologies related to crypto-assets and blockchain are new and developing. Currently, there are only a limited number of listed companies and listed companies for which crypto assets and blockchain technology are important sources of revenue.
NFTs are a very new artistic and cultural phenomenon, and interest in such works of art may wane. Decreased demand for NFT artwork could adversely affect the price of NFT items. The market for NFTs can be subject to shallow trading volumes, extreme hoarding, low liquidity and high bankruptcy risk. NFTs are also subject to risks and challenges related to intellectual property rights and fraud.
Metaverse protocols generally do not run on native blockchains, but are built and operated on top of other public blockchain networks. As a result, the Metaverse Protocol does not control the blockchain network on which it operates. Any adverse impacts or changes to the underlying blockchain network may adversely affect the operation of the Metaverse Protocol, which in turn may affect the price of digital assets in the Metaverse Protocol. Such adverse effects include, but are not limited to, network congestion due to technical bugs, hacks, 51% attacks, high fees, etc.
Opinions expressed herein are intended to provide insight or education and are not intended as individual investment advice. Bitwise makes no representation that this information is accurate or complete and should not be relied upon as such.
This material represents an assessment of market conditions at a particular point in time and is not intended to predict future events or guarantee future results. This information should not be relied upon by readers as research or investment advice, especially regarding funds or security. Past performance is no guarantee of future results.
Diversification may not protect against market risk. Diversification does not guarantee profits, nor does it prevent losses in a declining market.
Bitwise may attempt to quote shares of its investment products on the secondary market. However, there is no guarantee that this will succeed. While certain Bitwise investment product shares are approved for trading in the secondary market, investors in other Bitwise investment products may assume that the shares are subject to such approval due to various factors. Shouldn’t. The SEC, FINRA, or other regulatory bodies may have regarding investment products. Shareholders of such investment products must be prepared to bear the risks of investing in the stock indefinitely.
This press release is not an offer to sell or the solicitation of an offer to buy any securities, and no sale of securities will be made in any jurisdiction in which such an offer or solicitation would be unlawful. or is unlawful for sale prior to registration or qualification under the securities laws of any jurisdiction. The offering and sale of these investment products has not been registered with, approved or disapproved by, the Securities and Exchange Commission, the Securities Commission or any regulatory authority of any state or foreign jurisdiction.
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Source: Bitwise Asset Management
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PUB: 2022/10/06 03:10 PM/DISC: 2022/10/06 03:10 PM