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 verified the selection of a backup data provider for pricing data.

Item 2: Review and Approve All Methodological Decisions That Require Judgment

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

Discussion: The Committee discussed the 2022 Annual Custodian Review and advised additional due diligence prior to a decision on adding additional qualified custodians to the Bitwise Crypto Index Methodology. 

The Committee also reviewed the recent delisting of Litecoin (LTC) from South Korean exchanges Upbit and Bithumb.

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 crypto market in general or any Bitwise Crypto Index constituent specifically, and consider whether they raise any concerns or issues for the index. 

Discussion: The Committee discussed the application of its security analysis to new proposed crypto assets, specifically in relation to Rule III.B.i.g of the Bitwise Crypto Index Methodology. 

The Committee also reviewed the functioning and structural integrity of Decentralized Finance protocols in light of current market volatility, and determined it would continue to monitor the ecosystem on an ongoing basis. 

Item 4: Adjournment

The Chair adjourned the meeting.