Item 1: Potential Rule Change

Description: The Chair called a meeting to discuss a proposed change to rule III.A.i.h of the index. The rule currently reads:

In the opinion of the Bitwise Crypto Index Committee, relying on all available data, does not inflate or exaggerate the volume of trading on the trading venue.

The goal of this rule is to exclude trading venues from consideration that may exaggerate volume or report noneconomic trading activity.

The proposal was to change the rule to read as follows:

In the opinion of the Bitwise Crypto Index Committee, has significant real spot trading volume.

The goal of this rule is to select venues that the Bitwise Crypto Index Committee believes have economically meaningful trading volume.

Vote: The Committee voted 3-0 to approve this change.

Item 2: Adjournment

The Chair adjourned the meeting.