1: Welcome and Attendance

Matt Hougan (Chair), Hong Kim (Member) and Hunter Horsley (Member) 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

The committee approved changes to the custodian list and exclusion criteria for the Bitwise Select 10 Large Cap Crypto Index.

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 SEC’s “Innovation Exemption” proposal, Liquid Network exploit, Payward’s offering of Hyperliquid perpetuals, Circle’s launch of Arc, and Solana’s constitution vote.

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.