Date: November 21, 2023

Time: 10:00-11:00 a.m. PT

Reason: Standard monthly meeting

Attendance:
Matt Hougan (Chair), Hunter Horsley (Member), Hong Kim (Member), Katherine Dowling (Observer), Ryan Rasmussen (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 Bitwise Engineering team confirmed that all data sources were working as expected with regard to uptime, accuracy, and robustness. The Committee discussed the addition of Blur as a primary market for NFT trading with regard to rule IV.A.i of the Bitwise Blue-Chip NFT Collections Index Methodology.

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 review, nor were there any upcoming proposed changes to note.

4: Review and Approve All Methodological Decisions That Require Judgment

The Committee discussed the eligibility of multiple assets with regard to rule III.B.i.f of the Bitwise Crypto Asset Index Methodology.

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 approval of Bittrex’s U.S. wind-down in bankruptcy court; the temporary pause of several Aave lending markets; JPMorgan’s tokenization tests on the Avalanche blockchain; the recent applications for spot Ethereum (ETH) ETFs in the U.S.; and the charges filed by the SEC against Kraken, 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.