SMA Strategies

Bitwise Crypto Category Leaders Strategy

The Bitwise Crypto Category Leaders Strategy is a rules-based strategy that aims to select the leading crypto asset in each of the most important market categories in crypto. The resulting portfolio of blue-chip crypto assets provides diversified exposure to crypto’s fastest-growing use cases. The SMA format is particularly well suited to financial professionals, allowing for direct coin ownership and oversight of client holdings. Crypto assets are held by Gemini, a fiduciary and qualified custodian. Available to investors on the Eaglebrook platform.

Documents

Please see additional product-specific disclosures in the Fact Sheet.

Sample Portfolio Performance

As of: May 24, 2024 8:00 PM UTC

1 Month
3 Months
YTD
12 Months
Since
Inception †
Bitwise Crypto Category Leaders Strategy *
13.3%
16.4%
40.8%
109.3%
86.0%

* Performance of a sample portfolio is not illustrative of any particular investment. It is not possible to invest directly in a sample portfolio. Sample portfolio performance does not include the fees and expenses that are charged by the Manager, Platform, or Financial Advisor. An actual account may not hold all of the holdings of the sample portfolio, as SMA holdings are subject to the availability of the assets on the Eaglebrook platform. Past performance is not a guarantee of future performance. Please refer to additional important disclosures here.

† "Since Inception" refers to performance since the launch of the sample portfolio on April 12, 2023.

Category Descriptions

Target weights as of the strategy’s quarterly rebalance

35%

Monetary Asset | Bitcoin (BTC)

The native assets of blockchains primarily used for storing or transferring monetary value.

35%

Smart Contract Platform (Layer 1) | Ethereum (ETH)

The native assets of blockchains that enable smart contracts and support settlement finality for decentralized applications.

10%

Scaling Solution (Layer 2) | Polygon (MATIC)

The native assets of protocols and platforms that facilitate transaction batching in a decentralized manner.

5%

Oracle | Chainlink (LINK)

The native assets of protocols and platforms that connect smart contracts to data and information feeds in a decentralized manner.

5%

Decentralized Exchange | Uniswap (UNI)

The native assets of protocols and platforms that facilitate asset exchange activity in a decentralized manner.

5%

Decentralized Lending | Aave (AAVE)

The native assets of protocols and platforms that facilitate asset lending and borrowing activity in a decentralized manner.

5%

Decentralized Staking | Lido (LDO)

The native assets of protocols and platforms that facilitate crypto asset staking.

Sample Portfolio*

As of: May 24, 2024 8:00 PM UTC

Name
Category
Weight
Market Cap
Price
Change (24hr)
EthereumEthereum
Smart Contract Platform (Layer 1)
38.9%
$464,655,171,632
$3,869.73
-0.2%
BitcoinBitcoin
Monetary Asset
36.1%
$1,360,523,101,941
$69,200.60
0.5%
PolygonPolygon
Scaling Solution (Layer 2)
7.6%
$7,321,994,677
$0.74
2.7%
ChainlinkChainlink
Oracle
4.8%
$10,897,162,567
$18.56
8.7%
Lido DAOLido DAO
Decentralized Staking
4.3%
$2,209,641,188
$2.48
-6.0%
UniswapUniswap
Decentralized Exchange
4.1%
$8,368,317,537
$11.10
-2.1%
AaveAave
Decentralized Lending
4.1%
$1,584,961,316
$107.35
-3.5%

* After quarterly rebalances there may be a delay in changes being reflected here. An actual account may not hold all of the holdings of the sample portfolio, as SMA holdings are subject to the availability of the assets on the Eaglebrook platform.

Strategy

Strategy

Rules-Based, Active

Rebalance

Quarterly

Key Facts

Minimum Investment

$10,000

Liquidity

Daily*

Asset Class

Crypto Assets

Investor Qualifications

Must be a client of an RIA on the Eaglebrook Platform

* Investment deposits and withdrawals will be processed on a daily basis.

Fees and Expenses

Expense Ratio

2.50%

Performance Fee

0%

Details

Attorney

Wilson Sonsini Goodrich & Rosati

Tax

Eaglebrook

Custodian

Gemini

Manager

Bitwise Investment Advisers, LLC

SMA Platform

Eaglebrook

Offer Summary

Separately managed account

Taxation

Investor has direct ownership of crypto assets. Pro forma 8949 statements are provided for clients with taxable activity.

Contributions

U.S. bank wires, BTC, or ETH only

Become an investor in the Bitwise Crypto Category Leaders Strategy today.

The Bitwise Crypto Category Leaders Strategy is a rules-based strategy that aims to select the leading crypto asset in each of the most important market categories in crypto, providing diversified exposure to crypto’s fastest-growing use cases. No accreditation is required. Investors must place investments through their financial advisor. Please connect with our team for more information.