Bitwise Announces September 2021 End-of-Month Crypto Index Replenishment Results


SAN FRANCISCO – (COMMERCIAL THREAD) – Bitwise Index Services, the indexing arm of Bitwise Asset Management, today announced the results of the monthly Bitwise Crypto Index rebuild, which took place on September 30, 2021 at 4 p.m. ET.

There was a change in the constituents of the Bitwise 10 Large Cap Crypto Index following the replenishment on September 30, 2021: Cosmos (ATOM) entered the index, replacing Stellar (XLM). As of September 30, 2021, at 4 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 61.39% Bitcoin (BTC), 26.38% Ethereum (ETH), 5.05% Cardano (ADA), 3.10% Solana (SOL), 0.80% Chainlink (LINK), 0.76% Litecoin (LTC), 0.70% Bitcoin Cash (BCH), 0.69% Uniswap (UNI), 0.58% Cosmos (ATOM) and 0.56% Polygon (MATIC).

No changes were made to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the September 30, 2021 reconstitution. As of September 30, 2021, at 4:00 p.m. ET, the Bitwise Decentralized Finance Crypto Index contained the following constituents: 40 , 78% Uniswap (UNI), 16.01% Aave (AAVE), 9.99% Maker (MKR), 7.52% Compound (COMP), 5.60% SushiSwap (SUSHI), 4.71% Yearn. Finance (YFI), 4.34% Curve (CRV), 4.23% Ren (REN), 3.55% Bancor (BNT) and 3.28% 0x (ZRX).

The Bitwise Crypto Indexes are reconstituted monthly according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee. The minutes of the Bitwise Crypto Index committee meeting for September 2021 are available to the public here.

The Bitwise Crypto Innovators 30 Stock Index reconstitutes quarterly on the third Friday of the last month of each quarter. Following this reconstitution, on September 17, 2021, Robinhood (HOOD) replaced Nexon (3659: Tokyo) as the index constituent.

As of September 30, 2021 at 4:00 p.m. ET, the following were the top 10 constituents of the Bitwise Crypto Innovators 30 Index: 10.26% Coinbase Global Inc. (COIN), 10.19% MicroStrategy (MSTR), 9.66 % Galaxy Digital Holdings (GLXY CN), 5.41% Silvergate Capital (SI), 4.94% Northern Data AG (NB2 GR), 4.62% Argo Blockchain (ARB LN), 4.46% Hut 8 Mining ( HUT CN), 4.22% Riot Blockchain (RIOT), 4.19% Hive Blockchain Tech (HIVE CN) and 4.11% Marathon Digital Holdings (MARA). The methodology of the Bitwise Crypto Innovators 30 Index is available here.

About Bitwise Asset Management

San Francisco-based Bitwise is one of the world’s largest and fastest growing crypto-asset managers. As of September 30, 2021, Bitwise managed more than $ 1.1 billion across a growing suite of investment solutions. The company is known for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering products spanning bitcoin, ethereum, DeFi, and crypto-focused stock indices. Bitwise is focused on partnering with financial advisors and investment professionals to provide quality education and research. The Bitwise team combines technology expertise with decades of experience in managing and indexing traditional assets, from companies such as BlackRock, Blackstone, Facebook 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 featured in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal.


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