Welcome to our dedicated page for Bitwise 10 news (Ticker: BITW), a resource for investors and traders seeking the latest updates and insights on Bitwise 10 stock.
Bitwise 10 (BITW) delivers institutional-grade digital asset management through its pioneering crypto index fund. This dedicated news hub provides investors with essential updates on portfolio adjustments, market analyses, and strategic developments shaping this innovative financial instrument.
Access real-time corporate announcements including quarterly performance reports, methodology enhancements, and partnership disclosures. Our curated collection features regulatory filings, expert commentary on blockchain market trends, and in-depth explanations of index rebalancing decisions.
Key updates cover asset diversification strategies, risk management protocols, and technological advancements in fund operations. Stay informed about the evolving crypto regulatory landscape and its impact on index composition through verified primary sources.
Bookmark this page for continuous access to BITW's official communications and third-party analyses. Regularly updated content ensures you maintain current understanding of this dynamic digital asset solution without market speculation or promotional bias.
NYSE Arca has filed to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP), marking a significant step in converting the $1.3 billion publicly traded trust. Currently quoted on OTCQX Best Market, BITW aims to provide broader access and enhanced regulatory protections through the ETP structure, which enables ongoing subscriptions and redemptions at Net Asset Value (NAV). The fund, launched in November 2017 as the world's first crypto index fund, holds the 10 largest crypto assets by market cap, with Bitcoin (75.1%) and Ethereum (16.5%) as its largest holdings as of October 31, 2024.
Bitwise Asset Management has launched three new separately managed account (SMA) strategies on the Eaglebrook platform, allowing clients to manage crypto assets without triggering taxable events. These strategies include the Bitwise 10 Large Cap Crypto Index, the Bitwise Decentralized Finance Crypto Index, and the Bitwise Crypto Category Leaders SMA. Clients retain direct ownership of their assets, facilitating tax-loss harvesting. The new offerings expand Bitwise's SMA suite to seven, responding to growing interest from professional investors. Over 50 leading registered investment advisors (RIAs) use the Eaglebrook platform, which manages over $200 billion in assets. The minimum investment for these new strategies is $10,000, with tax reporting provided through Eaglebrook.
Bitwise Index Services has announced the results of its monthly reconstitution of the Bitwise Crypto Indexes. As of December 30, 2022, Intel (INTC), CBOE Global Markets (CBOE), Nu Holdings (NU), and Applied Blockchain (APLD) have been added to the Bitwise Crypto Innovators 30 Index, while Nvidia (NVDA), AMD, and others have exited. The Bitwise 10 Large Cap Crypto Index remains unchanged, holding 63.53% Bitcoin (BTC) and 28.75% Ethereum (ETH). The reconstitution reflects ongoing developments in the cryptocurrency sector.
Bitwise Asset Management announced changes in its crypto indexes following the November 30, 2022 reconstitution. Notably, Chainlink (LINK) re-entered both the Bitwise 10 Large Cap Crypto Index and the Bitwise 10 ex Bitcoin Large Cap Crypto Index, replacing Cosmos (ATOM). The Bitwise Decentralized Finance Crypto Index welcomed Balancer (BAL), replacing 0x (ZRX). As of the same date, the Bitwise 10 Large Cap Crypto Index comprises 61.66% Bitcoin (BTC) and 29.29% Ethereum (ETH), while the Bitwise Decentralized Finance Crypto Index features 55.05% Uniswap (UNI).
SS&C Technologies (Nasdaq: SSNC) has been selected by Bitwise Asset Management, the largest crypto index fund manager, to utilize its Eze Investment Suite for managing $1.3 billion in assets across 15 strategies, including crypto ETFs and NFT funds. The suite will streamline trading operations and enhance portfolio management, compliance, and data flows while providing connectivity to OTC trading desks. This partnership underscores SS&C's commitment to supporting the evolving digital asset landscape.
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