Bitwise 10 Crypto Index Fund Uplisted on NYSE Arca

The Bitwise 10 Crypto Index Fund has been uplisted to NYSE Arca as an exchange-traded product, expanding access to an established $1.25 billion fund. This fund includes a diverse array of the largest crypto assets.

Bitwise Asset Management manages the fund, with Matt Hougan as CIO. The index tracks the ten largest crypto assets by market cap, reflecting Bitwise’s commitment to broad market exposure.

NYSA Arca Uplisting

Uplisting the fund to NYSE Arca enhances visibility and potentially broadens its investor base. This move could attract institutional interest, given the fund’s diversified exposure to top crypto assets.

Fund Allocation

The fund’s allocation focuses on assets already in single-coin ETPs, such as Bitcoin, Ethereum, Solana, and XRP, strengthening the link between regulatory clarity and asset choice in its portfolio.

Most investors we meet are convinced crypto is here to stay, but they don’t know who the winners will be or how many will succeed.

Restrictions tie 90% of the fund to regulatory-approved assets. This design underlines the importance of a regulatory framework in crypto asset management.

Fund History

The fund’s history since its start in 2017 reflects stability through market cycles, benefitting from Bitwise’s experience and consistent methodology. This uplisting is a strategic pivot, aiming to leverage regulatory clarity and market maturation.