SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Companies, the indexing subsidiary of Bitwise Asset Management, in the present day introduced the outcomes of the month-to-month reconstitution of the Bitwise Crypto Indexes, which befell on September 30, 2021, at 4pm ET.
There was one change to the constituents of the Bitwise 10 Giant Cap Crypto Index on account of the September 30, 2021 reconstitution: Cosmos (ATOM) entered the index, changing Stellar (XLM). As of September 30, 2021, at 4pm ET, the Bitwise 10 Giant Cap Crypto Index held the next 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 Money (BCH), 0.69% Uniswap (UNI), 0.58% Cosmos (ATOM), and 0.56% Polygon (MATIC).
There have been no adjustments to the constituents of the Bitwise Decentralized Finance Crypto Index on account of the September 30, 2021 reconstitution. As of September 30, 2021, at 4pm ET, the Bitwise Decentralized Finance Crypto Index held the next 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 three.28% 0x (ZRX).
The Bitwise Crypto Indexes are reconstituted on a month-to-month foundation in keeping with the foundations of the Bitwise Crypto Index Methodology as utilized by the Bitwise Crypto Index Committee. Minutes of the September 2021 Bitwise Crypto Index Committee assembly are publicly out there here.
The Bitwise Crypto Innovators 30 Index of equities reconstitutes quarterly on the third Friday of the final month of every quarter. On account of this reconstitution, on September 17, 2021, Robinhood (HOOD) changed Nexon (3659: Tokyo) as a constituent of the index.
As of September 30, 2021 at 4pm ET, the next have been the ten largest constituents of the Bitwise Crypto Innovators 30 Index: 10.26% Coinbase International Inc. (COIN), 10.19% MicroStrategy (MSTR), 9.66% Galaxy Digital Holdings (GLXY CN), 5.41% Silvergate Capital (SI), 4.94% Northern Knowledge 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 index methodology for the Bitwise Crypto Innovators 30 Index of equities is accessible here.
About Bitwise Asset Administration
Based mostly in San Francisco, Bitwise is without doubt one of the largest and fastest-growing cryptoasset managers. As of September 30, 2021, Bitwise managed over $1.1 billion throughout an increasing suite of funding options. The agency is understood 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 supply 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 buyers and asset administration executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Avenue Journal.
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