Bitwise 10 Crypto ETF (NYSE: BITW) files 10-K/A to add consent

Rhea-AI Filing Summary

Bitwise 10 Crypto Index ETF filed Amendment No. 1 to its annual report for the year ended December 31, 2025. The amendment was made solely to add the consent of KPMG LLP, its independent registered public accounting firm, and to include updated officer certifications.

No financial statements are included and no other disclosures from the original annual report are changed. The filing notes an aggregate market value of common equity held by non-affiliates of $1,326,351,938 as of the last business day of the most recently completed second fiscal quarter, and 15,801,947 shares outstanding as of March 10, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K/A

(Amendment No. 1)

☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

for the fiscal year ended December 31, 2025

or

☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _____________ to _____________.

Commission file number: 001-42994

Bitwise 10 Crypto Index ETF

(Exact name of registrant as specified in its charter)

Delaware		82-3002349
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

c/o Bitwise Investment Advisers, LLC

250 Montgomery Street, Suite 200

San Francisco, California 94104

(Address of principal executive offices) (Zip Code)

(415) 707-3663

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Bitwise 10 Crypto Index ETF		BITW		NYSE Arca, Inc.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ☐ Yes ☒ No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer		☒		Accelerated Filer		☐
Non-Accelerated Filer		☐		Smaller Reporting Company		☐
				Emerging Growth Company		☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.). ☐ Yes ☒ No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter: $1,326,351,938

As of March 10, 2026, the registrant had 15,801,947 Shares outstanding.

DOCUMENTS INCORPORATED BY REFERENCE:

None.

EXPLANATORY NOTE

This Amendment No. 1 to the Annual Report on Form 10-K of Bitwise 10 Crypto Index ETF (the “Trust”) for the year ended December 31, 2025, as originally filed with the Securities and Exchange Commission on March 2, 2026 (the “Original Form 10-K”), is being filed solely to file the consent of KPMG LLP, the Trust’s independent registered public accounting firm (the “Consent”). Due to an administrative error, the Consent was inadvertently not included in the Original Form 10-K.

In accordance with Rule 12b-15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), this Amendment No. 1 includes new certifications required by Section 302 of the Sarbanes-Oxley Act of 2002, as amended, dated as of the filing date of this Amendment No. 1. Because no financial statements have been included in this Amendment No. 1 and this Amendment No. 1 does not contain or amend any disclosure with respect to Items 307 and 308 of Regulation S-K under the Exchange Act, paragraphs 3, 4 and 5 of the certifications have been omitted.

Except as set forth in this Amendment No. 1, no other changes have been made to the Original Form 10-K. The Original Form 10-K has not been amended or updated to reflect events occurring after the filing date of the Original Form 10-K, except as specifically set forth in this Amendment No. 1. Accordingly, this Amendment No. 1 should be read in conjunction with the Original Form 10-K.

PART IV

ITEM 15. Exhibits and Financial Statement Schedules.

(1) No financial statements are filed with this Amendment No. 1. These items were included as part of the Original Form 10-K.

(2) None.

(3) Exhibits:

Exhibit No.		Description of Document
23.1*		Consent of KPMG LLP, Independent Registered Public Accounting Firm
31.1*		Certification by Principal Executive Officer of the Trust Pursuant to Rule 13a -14(a) under the Securities Exchange Act of 1934
31.2*		Certification by Principal Financial Officer of the Trust Pursuant to Rule 13a -14(a) under the Securities Exchange Act of 1934
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Filed herewith.

Signatures

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned in the capacities* indicated thereunto duly authorized.

Bitwise Investment Advisers, LLC, as Sponsor of Bitwise 10 Crypto Index ETF

/s/ Paul Fusaro

By: Paul Fusaro

Chief Operating Officer

(Principal Executive Officer)*

/s/ James Bebrin III

By: James Bebrin III

Vice President

(Principal Financial Officer and Principal Accounting Officer)*

Date: March 11, 2026

* The registrant is a trust and the persons are signing in their capacities as officers or directors of Bitwise Investment Advisers, LLC, the sponsor of the registrant.

FAQ

What is the purpose of Bitwise 10 Crypto Index ETF (BITW) Amendment No. 1 to its annual report?

The amendment is filed solely to add the consent of KPMG LLP and new officer certifications. It corrects an administrative omission in the original annual report while leaving all prior financial and narrative disclosures unchanged.

Does the Bitwise 10 Crypto Index ETF (BITW) 10-K/A change any 2025 financial statements or disclosures?

No. The amendment explicitly states no financial statements are included and no other changes are made to the original annual report. Investors are directed to read this amendment together with the previously filed original report.

What is the aggregate market value of Bitwise 10 Crypto Index ETF (BITW) equity held by non-affiliates?

The aggregate market value of voting and non-voting common equity held by non-affiliates is stated as $1,326,351,938, based on trading prices as of the last business day of the most recently completed second fiscal quarter.

How many Bitwise 10 Crypto Index ETF (BITW) shares were outstanding as of March 10, 2026?

As of March 10, 2026, the registrant reports having 15,801,947 shares outstanding. This figure reflects the total shares of the Bitwise 10 Crypto Index ETF available at that date, providing context for the fund’s equity base.

Which exhibits are included in the Bitwise 10 Crypto Index ETF (BITW) 10-K/A filing?

The amendment includes KPMG LLP’s consent (Exhibit 23.1), updated Section 302 certifications from the principal executive and financial officers (Exhibits 31.1 and 31.2), and a cover page interactive data file (Exhibit 104) in Inline XBRL format.

Who signed the Bitwise 10 Crypto Index ETF (BITW) Amendment No. 1 and in what capacities?

The amendment is signed by Bitwise Investment Advisers, LLC as sponsor, with Paul Fusaro as Chief Operating Officer and principal executive officer, and James Bebrin III as Vice President, principal financial officer, and principal accounting officer, acting on behalf of the registrant.