Date: February 22, 2022

Time: 12:00 – 1:00 p.m. PT

Reason: Standard Monthly Meeting

Attendance:
Matt Hougan (Chair), Hunter Horsley (Member), David Lawant (Member), Hong Kim (Observer), Satyajeet Pal (Observer), Phillip Ward (Observer), Gayatri Choudhury (Observer), Kristen Corkill (Meeting minutes)

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: The Committee voted unanimously in favor of a proposal to change the wording of Rule V.A.II of the methodology from “All coins that are publicly known to be lost, burned, programmatically time-locked, or verifiably illiquid in another way” to “All coins that are publicly known to be lost or burned.”

The removal of the phrase “programmatically time-locked” is designed to clarify that the rule is not intended to remove from free-float calculations coins staked by individual users. The phrase “verifiably illiquid in another way” was removed because it was redundant with Rule V.A.III of the methodology.

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 related to the inclusion of any constituent in the Index.

Discussion: There were no market developments that raised concerns or issues for the Index.

Item 4: Adjournment

The Chair adjourned the meeting.