Crypto Surges; Bitwise 10 Now up 108% Year-to-Date
San Francisco • Sep 7, 2021
The Bitwise 10 Large Cap Crypto Index continued the rebound that began in late July, posting a strong 26.24% gain in August. The rise was led by Ethereum competitors Solana (SOL) and Cardano (ADA), which rose 233.57% and 113.27%, respectively.
In this month’s Advisor Letter, our team explores the crypto market’s key performance metrics for August, reviews the most relevant news from the past month, and highlights a single chart that helps gauge the health of the market.
READ FULL ANALYSISBitwise Asset Management is a global crypto asset manager with more than $15 billion in client assets and a suite of over 30 crypto investment products spanning ETFs, separately managed accounts, private funds, hedge fund strategies, and staking. The firm has an eight-year track record and today serves more than 4,000 private wealth teams, RIAs, family offices and institutional investors as well as 15 banks and broker-dealers. The Bitwise team of over 100 technology and investment professionals is backed by leading institutional investors and has offices in San Francisco, New York, and London.
