SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Providers, the indexing subsidiary of Bitwise Asset Management, as we speak introduced the outcomes of the month-to-month reconstitution of the Bitwise Crypto Indexes, which occurred on August 31, 2021, at 4pm ET.
There have been no adjustments to the constituents of the Bitwise 10 Giant Cap Crypto Index because of the August 31, 2021 reconstitution. As of August 31, 2021, at 4pm ET, the Bitwise 10 Giant Cap Crypto Index held the next constituents: 60.33% Bitcoin (BTC), 27.19% Ethereum (ETH), 6.05% Cardano (ADA), 2.26% Solana (SOL), 0.82% Chainlink (LINK), 0.81% Bitcoin Money (BCH), 0.78% Litecoin (LTC), 0.60% Uniswap (UNI), 0.59% Polygon (MATIC), and 0.58% Stellar (XLM).
There have been no adjustments to the constituents of the Bitwise Decentralized Finance Crypto Index because of the August 31, 2021 reconstitution. As of August 31, 2021, at 4pm ET, the Bitwise Decentralized Finance Crypto Index held the next constituents: 33.63% Uniswap (UNI), 19.30% Aave (AAVE), 13.21% Maker (MKR), 9.19% Compound (COMP), 5.80% SushiSwap (SUSHI), 5.29% Yearn.Finance (YFI), 3.78% Bancor (BNT), 3.60% Curve (CRV), 3.40% 0x (ZRX), and a couple of.80% Ren (REN).
The Bitwise Crypto Indexes are reconstituted on a month-to-month foundation in line with the principles of the Bitwise Crypto Index Methodology as utilized by the Bitwise Crypto Index Committee. Minutes of the August 2021 Bitwise Crypto Index Committee assembly are publicly obtainable here.
The Bitwise Crypto Innovators 30 Index of equities reconstitutes quarterly and in consequence had no adjustments as of August 31, 2021. As of August 31 at 4pm ET, the next had been the ten largest constituents: 12.66% MicroStrategy (MSTR), 10.00% Coinbase World Inc. (COIN), 8.81% Silvergate Capital (SI), 6.63% Marathon Digital Holdings (MARA), 5.17% Hut 8 Mining (HUT TO), 5.09% Riot Blockchain (RIOT), 5.09% Hive Blockchain Tech (HIVE CN), 4.80% Bitfarms (BITF CN), 3.89% Argo Blockchain (ARB LN), and three.63% Galaxy Digital Holdings (GLXY CN). The index methodology for the Bitwise Crypto Innovators 30 Index of equities is accessible here.
About Bitwise Asset Administration
Primarily based in San Francisco, Bitwise is among the largest and fastest-growing cryptoasset managers. As of August 31, 2021, Bitwise managed over $1.3 billion throughout an increasing suite of funding options. The agency is understood 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 supply 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. Lawyer’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 Avenue Journal.
RISK DISCLOSURE AND IMPORTANT INFORMATION
Rigorously think about the funding aims, threat elements, and prices and bills of any Bitwise funding product earlier than investing. Investing includes threat, together with the doable lack of principal. There is no such thing as a assure or assurance that the methodology utilized by Bitwise or any of the Bitwise funding merchandise will lead to any Bitwise funding product reaching constructive funding returns or outperforming different funding merchandise. There is no such thing as a assure or assurance that an investor’s funding aims shall be met by way of an funding into any Bitwise funding product, and an investor might lose cash. Buyers into any Bitwise funding product ought to be keen to simply accept a excessive diploma of volatility within the value of such funding product and the opportunity of vital losses. Bitwise funding merchandise contain a considerable diploma of threat and can be found solely to institutional and particular person accredited buyers.
Sure of the Bitwise funding merchandise could also be topic to the dangers related to investing in cryptoassets, together with cryptocurrencies and crypto tokens. As a result of cryptoassets are a brand new technological innovation with a restricted historical past, they’re a extremely speculative asset. Future regulatory actions or insurance policies might restrict the power to promote, change or use a cryptoasset. The worth of a cryptoasset could also be impacted by the transactions of a small variety of holders of such cryptoasset. Cryptoassets might decline in reputation, acceptance or use, which can affect their value. The expertise referring to cryptoassets and blockchain is new and growing. At the moment, there are a restricted variety of publicly listed or quoted firms for which cryptoassets and blockchain expertise symbolize an attributable and vital income stream.
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