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 Bitwise Engineering team confirmed that all data sources were working as expected with regard to uptime, accuracy, and robustness.

3: Review and Approve Any Proposed Changes to the Bitwise Crypto Index Methodology

There were no proposed changes to the Bitwise Crypto Index Methodology that required judgment, nor were there any upcoming proposed changes to note.

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 large number of developments impacting the market and/or individual Bitwise Crypto Index constituents, including the SEC’s charges against Kraken related to the exchange’s staking business; the NYDFS's direction to Paxos Trust Co. to stop issuing BUSD stablecoins; and the SEC’s proposed enhanced safeguarding rule for registered investment advisers, among other topics.

6: Review Expected Changes to Bitwise Indexes


The Committee reviewed the expected changes to the Bitwise Crypto Indexes, and determined that the reconstitution process is running appropriately.

7: Adjournment

The Chair adjourned the meeting.