August 2023
Date: August 24, 2023
Time: 8:00-9:00 a.m. PT
Reason: Standard monthly meeting
Attendance:
Matt Hougan (Chair), Hunter Horsley (Member), Hong Kim (Member), Katherine Dowling (Observer), Mallika Kolar (Observer), and Satyajeet Pal (Observer)
Meeting Notes
1: Welcome and Attendance
All members of the Committee were present at the meeting.
2: Review and Verify All Data Sources for Uptime, Accuracy, and Robustness
The Committee discussed the upcoming transition from CoinAPI to Lukka as the service provider for the primary historical data used to calculate trading volume with regard to rule III.A.i.g of the Bitwise Crypto Index Methodology.
3: Review and Approve Any Proposed Changes to the Bitwise Crypto Index Methodology
The Committee discussed a proposed change to rule III.B.h of the methodology, but determined it would not make any changes to the methodology at this time.
4: Review and Approve All Methodological Decisions That Require Judgment
There were no recent methodological implementation decisions that required judgment, nor were there any upcoming decisions to note.
5: Developments Impacting the Market and/or Individual Bitwise Crypto Index Constituents
The Committee discussed a number of developments impacting the market and/or individual Bitwise Crypto Index constituents, including: the recent exploit of Curve Finance; Bittrex’s plans to halt trading of a number of crypto assets; and the SEC’s appeal of the Southern District of New York’s ruling in the SEC v. Ripple Labs case, among other topics.
6. Review Expected Changes to the Bitwise Crypto Indexes
The Committee reviewed the expected changes to the Bitwise Crypto Indexes, and determined that the reconstitution process is being executed appropriately.
7: Adjournment
The Chair adjourned the meeting.