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Bitwise Crypto Index Committee Meeting
September 24, 2021

San Francisco
October 04, 2021

Standard Monthly Meeting – September 2021

Committee Meeting 3

Bitwise Crypto Index Committee Meeting

Date:

September 24, 2021

Time:

3:00 – 4:00 P.M. PT

Reason for Meeting:

Standard Monthly Meeting

In Attendance:

Matt Hougan (Chair), Hunter Horsley (Member), David Lawant (Member), Hong Kim (Observer), Katherine Dowling (Observer), Satyajeet Pal (Observer)

Meeting Notes

Item 1: Review and Verify All Data Sources for Uptime, Accuracy, and Robustness

Description:

The Committee will discuss if there are any issues with the uptime, accuracy, or robustness of our data sources.

Discussion:

The Committee found that all data sources are functioning appropriately.

Item 2: Review and Approve All Methodological Decisions That Require Judgment, or Any Adjustments to the Methodology

Description:

The Committee will discuss and review any recent methodological implementation decisions that required judgment, as well as any known upcoming decisions.

Discussion:

There were no methodological decisions that required judgment and needed to be discussed or approved in this meeting.

Item 3: Developments Impacting the Market and/or Individual Bitwise Crypto Index Constituents

Description:

The Committee will discuss significant new and/or pending developments surrounding either the cryptomarket in general or any Bitwise Crypto Index constituent specifically, and consider whether they raise any concerns or issues related to the inclusion of any constituent in the Index.

Discussion:

The Bitwise Crypto Index Committee discussed the outage that affected cryptoasset Solana (SOL), a constituent of the Bitwise 10 Large Cap Crypto Index among other indexes overseen by the Committee, on September 14, 2021. The Solana network was offline for 17 hours due to a denial-of-service attack. The Index Committee members were monitoring the situation and decided at the time that it was not necessary to call an emergency meeting to discuss Solana’s eligibility for the Bitwise Crypto Indexes, since an upgrade and restart of the network were coordinated to restore the network to full functionality. It was agreed that the decision was correct and that no further action needs to be taken at this time.

Item 4Adjournment

The Chairman adjourned the meeting.

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