Bitwise Announces Results of August 2021 Month-End Crypto Index Reconstitution

No adjustments to both the Bitwise 10 Giant Cap Crypto Index or the Bitwise Decentralized Finance Crypto Index

SAN FRANCISCO, September 02, 2021–(BUSINESS WIRE)–Bitwise Index Companies, the indexing subsidiary of Bitwise Asset Management, right now introduced the outcomes of the month-to-month reconstitution of the Bitwise Crypto Indexes, which occurred on August 31, 2021, at 4pm ET.

There have been no adjustments to the constituents of the Bitwise 10 Giant Cap Crypto Index because of the August 31, 2021 reconstitution. As of August 31, 2021, at 4pm ET, the Bitwise 10 Giant Cap Crypto Index held the next constituents: 60.33% Bitcoin (BTC), 27.19% Ethereum (ETH), 6.05% Cardano (ADA), 2.26% Solana (SOL), 0.82% Chainlink (LINK), 0.81% Bitcoin Money (BCH), 0.78% Litecoin (LTC), 0.60% Uniswap (UNI), 0.59% Polygon (MATIC), and 0.58% Stellar (XLM).

There have been no adjustments to the constituents of the Bitwise Decentralized Finance Crypto Index because of the August 31, 2021 reconstitution. As of August 31, 2021, at 4pm ET, the Bitwise Decentralized Finance Crypto Index held the next constituents: 33.63% Uniswap (UNI), 19.30% Aave (AAVE), 13.21% Maker (MKR), 9.19% Compound (COMP), 5.80% SushiSwap (SUSHI), 5.29% Yearn.Finance (YFI), 3.78% Bancor (BNT), 3.60% Curve (CRV), 3.40% 0x (ZRX), and a pair of.80% Ren (REN).

The Bitwise Crypto Indexes are reconstituted on a month-to-month foundation based on the principles of the Bitwise Crypto Index Methodology as utilized by the Bitwise Crypto Index Committee. Minutes of the August 2021 Bitwise Crypto Index Committee assembly are publicly obtainable here.

The Bitwise Crypto Innovators 30 Index of equities reconstitutes quarterly and consequently had no adjustments as of August 31, 2021. As of August 31 at 4pm ET, the next have been the ten largest constituents: 12.66% MicroStrategy (MSTR), 10.00% Coinbase International Inc. (COIN), 8.81% Silvergate Capital (SI), 6.63% Marathon Digital Holdings (MARA), 5.17% Hut 8 Mining (HUT TO), 5.09% Riot Blockchain (RIOT), 5.09% Hive Blockchain Tech (HIVE CN), 4.80% Bitfarms (BITF CN), 3.89% Argo Blockchain (ARB LN), and three.63% Galaxy Digital Holdings (GLXY CN). The index methodology for the Bitwise Crypto Innovators 30 Index of equities is out there here.

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About Bitwise Asset Administration

Primarily based in San Francisco, Bitwise is without doubt one of the largest and fastest-growing cryptoasset managers. As of August 31, 2021, Bitwise managed over $1.3 billion throughout an increasing suite of funding options. The agency is thought for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering merchandise spanning bitcoin, ethereum, DeFi and crypto-focused fairness indexes. Bitwise focuses on partnering with monetary advisors and funding professionals to offer high quality training and analysis. The group at Bitwise combines experience in know-how with a long time of expertise in conventional asset administration and indexing, coming from companies together with BlackRock, Blackstone, Fb and Google, in addition to the U.S. Legal professional’s Workplace. Bitwise is backed by main institutional traders and asset administration executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg and The Wall Avenue Journal.

RISK DISCLOSURE AND IMPORTANT INFORMATION

Fastidiously take into account the funding targets, danger elements, and expenses and bills of any Bitwise funding product earlier than investing. Investing entails danger, together with the attainable lack of principal. There isn’t any assure or assurance that the methodology utilized by Bitwise or any of the Bitwise funding merchandise will lead to any Bitwise funding product reaching optimistic funding returns or outperforming different funding merchandise. There isn’t any assure or assurance that an investor’s funding targets can be met by way of an funding into any Bitwise funding product, and an investor could lose cash. Traders into any Bitwise funding product needs to be keen to simply accept a excessive diploma of volatility within the value of such funding product and the potential for vital losses. Bitwise funding merchandise contain a considerable diploma of danger and can be found solely to institutional and particular person accredited traders.

Sure of the Bitwise funding merchandise could also be topic to the dangers related to investing in cryptoassets, together with cryptocurrencies and crypto tokens. As a result of cryptoassets are a brand new technological innovation with a restricted historical past, they’re a extremely speculative asset. Future regulatory actions or insurance policies could restrict the power to promote, change or use a cryptoasset. The worth of a cryptoasset could also be impacted by the transactions of a small variety of holders of such cryptoasset. Cryptoassets could decline in reputation, acceptance or use, which can influence their value. The know-how referring to cryptoassets and blockchain is new and creating. At the moment, there are a restricted variety of publicly listed or quoted corporations for which cryptoassets and blockchain know-how symbolize an attributable and vital income stream.

The opinions expressed herein are meant to offer perception or training and aren’t meant as particular person funding recommendation. Bitwise doesn’t symbolize that this data is correct and full and it shouldn’t be relied upon as such.

This materials represents an evaluation of the market setting at a particular time and isn’t meant to be a forecast of future occasions or a assure of future outcomes. This data shouldn’t be relied upon by the reader as analysis or funding recommendation concerning the funds or any safety specifically. Previous efficiency is not any assure of future outcomes.

Diversification could not shield in opposition to market danger. Diversification doesn’t guarantee a revenue or shield in opposition to a loss in a declining market.

Bitwise could try and have shares of its funding merchandise quoted on a secondary market. Nevertheless, there isn’t a assure this can be profitable. Though the shares of sure Bitwise funding merchandise have been accepted for buying and selling on a secondary market, traders in every other Bitwise funding product mustn’t assume that the shares will ever get hold of such an approval on account of a wide range of elements, together with questions that regulators such because the SEC, FINRA or different regulatory our bodies could have concerning the funding product. Shareholders of such funding product needs to be ready to bear the chance of funding within the shares indefinitely.

This press launch isn’t a suggestion to promote or the solicitation of a suggestion to purchase any safety in any jurisdiction the place such a suggestion or solicitation can be unlawful, nor shall there be any sale of any safety in any jurisdiction by which such provide, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of that jurisdiction. The provide and sale of those funding merchandise haven’t been registered with or accepted or disapproved of by the Securities and Alternate Fee or the securities fee or regulatory authority of any state or overseas jurisdiction.

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