Bitwise Crypto Index Committee Meeting (March 2022)
San Francisco • March 24, 2022
Meeting Details
Date: March 24, 2022
Time: 10:00 a.m. – 11:00 a.m. PT
Reason for Meeting: Standard Monthly Meeting
In Attendance: Matt Hougan (Chair), Hunter Horsley (Member), David Lawant (Member), Hong Kim (Observer), Satyajeet Pal (Observer), Phillip Ward (Observer), Gayatri Choudhury (Observer), Kristen Corkill (Observer)
Meeting Notes
Item 1: Review and Verify All Data Sources for Uptime, Accuracy, and Robustness
Description: The Committee will discuss if there are any issues with the uptime, accuracy, or robustness of our data sources.
Discussion: The Committee found that all data sources are functioning appropriately.
Item 2: Review and Approve All Methodological Decisions That Require Judgment, or Any Adjustments to the Methodology
Description: The Committee will discuss and review any recent methodological implementation decisions that required judgment, as well as any known upcoming decisions.
Discussion: In response to the recent ApeCoin ($APE) airdrop for owners of Bored Ape NFTs, the Committee discussed whether a methodology change would be appropriate to include DAO coin airdrops in the NFT index. The Committee agreed this would be out of scope for the NFT Index and no methodology changes are required.
Item 3: Developments Impacting the Market and/or Individual Bitwise Crypto Index Constituents
Description: The Committee will discuss significant new and/or pending developments surrounding either the crypto market in general or any Bitwise Crypto Index constituent specifically, and consider whether they raise any concerns or issues related to the inclusion of any constituent in the Index.
Discussion: There were no market developments that raised concerns or issues for the Index.
Item 4: Adjournment
The Chair adjourned the meeting.
About Bitwise
Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers, offering both index and active strategies across a wide array of investment vehicles. The firm is known for creating the world’s largest crypto index fund (OTCQX: BITW), a suite of crypto-focused equity and futures ETFs, and investment products that span Bitcoin, Ethereum, DeFi, and NFTs. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal.
