BITWBitwise 10 Crypto Index Fund
A secure way to get diversified exposure to bitcoin and leading cryptocurrencies. The Fund seeks to track an Index comprised of the 10 most highly valued cryptocurrencies, screened and monitored for certain risks, weighted by market capitalization, and rebalanced monthly. The fund provides the security and simplicity of a traditional investment vehicle, with shares tradable in brokerage accounts using ticker “BITW.”
TICKER: BITW | CUSIP: 091749101* Market price as of January 21, 2025 8:57 PM UTC.
** Intraday NAV as of January 21, 2025 9:00 PM UTC. Estimate calculated by Bitwise each hour.
† Estimated AUM as of January 21, 2025 9:30 PM UTC; non-GAAP, unaudited.
‡ Estimated NAV per share as of January 17, 2025 9:00 PM UTC; non-GAAP, unaudited.
Shares of the Bitwise 10 Crypto Index Fund are registered with the Securities and Exchange Commission pursuant to Section 12(g) of the Securities and Exchange Act of 1934, as amended. The Shares are not registered under the Securities Act of 1933 (the “Securities Act”), the Investment Company Act of 1940 (the “Investment Company Act”), or any state securities commission or any other regulatory body. The Fund does not currently operate a redemption program.
Documents and Important Information
Please see additional fund-specific disclosures in the Fact Sheet.
Performance
As of January 17, 2025 9:00 PM UTC
To
Past performance does not predict future results. The blue line shows the performance of the Fund on a NAV per share basis, net of fees and expenses. The green line shows the last daily traded price for the shares on OTCQX.
Returns
As of: January 17, 2025 9:00 PM UTC
Inception †
* Fund returns are calculated net of expenses. Shares are subject to a 2.5% annual fee that includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.
** Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. Index performance does not include the fees and expenses that are charged by the Fund. Past performance is not indicative of future performance. Please refer to additional important disclosures here.
*** The returns of bitcoin (BTC) are historical and unaudited and do not represent the returns of an actual account. These historical returns do not include the fees and expenses that are charged by any Fund. Actual Fund returns may differ materially from the historical returns of bitcoin. Please refer to additional important disclosures here.
† Bitwise 10 Crypto Index Fund inception date: November 22, 2017.
‡ Inception of quotation on OTCQX: December 9, 2020. (This was the first day that Shares of the Bitwise 10 Crypto Index Fund were eligible to trade on the OTCQX® Best Market.)
Fund Holdings*
As of: January 17, 2025 9:00 PM UTC
Bitcoin
Ethereum
XRP
Solana
Cardano
Avalanche
Chainlink
Polkadot
Bitcoin Cash
Uniswap* After monthly Index rebalances, there may be a delay in portfolio constituent changes being reflected here.
Fund Details
As of January 21, 2025 9:00 PM UTC
BITW
BITW US
Bitwise 10 Large Cap Crypto Index
Monthly
091749101
US0917491013
OTCQX
Crypto Index Fund
November 22, 2017
$1.554B
20,241,947
2.5%*
0%
Schedule K-1
Bitwise Investment Advisers, LLC
Theorem Fund Services
Coinbase Custody Trust Company, LLC
KPMG LLP
American Stock Transfer & Trust Company, LLC (AST)
* Expense Ratio includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.
Shares of the Bitwise 10 Crypto Index Fund are registered with the Securities and Exchange Commission pursuant to Section 12(g) of the Securities and Exchange Act of 1934, as amended. The Shares are not registered under the Securities Act of 1933 (the “Securities Act”), the Investment Company Act of 1940 (the “Investment Company Act”), or any state securities commission or any other regulatory body. The Fund does not currently operate a redemption program.
Methodology
The Bitwise Crypto Indexes follow clear, rules-based processes to make them both investable and replicable. The methodologies take into account crypto-native factors surrounding liquidity, security, regulatory status, market representation, network distributions, and more to ensure they fully capture the investable crypto asset market opportunity.
- The most valuable assets rebalanced monthly
- Robust diligence of eligibility criteria
- 24/7 monitoring for sudden events
Index Advisory Board
