Date: October 23, 2023

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

Reason: Standard monthly meeting

Attendance:
Matt Hougan (Chair), Hunter Horsley (Member), Hong Kim (Member), Ryan Rasmussen (Observer), Gayatri Choudhury (Observer), Mallika Kolar (Observer), Arber Xhindoli (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 potential identification 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

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 launch of Ethereum (ETH) Futures ETFs in the U.S.; the SEC’s decision not to appeal its loss to Grayscale in the U.S. Court of Appeals; the trading fee instituted by Uniswap Labs on select assets and front ends; and the SEC’s move to dismiss its claims against Ripple Labs executives from its December 2020 lawsuit, 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.