(Bitwise) Bitwise Asset Management is launching the world’s first major crypto index fund to provide users with exposure to exciting developments in the cryptomarket.
The launch of Bitwise 10 ex Bitcoin Crypto Index Fund seeks to address investor demand in Bitcoin and other cryptocurrencies.
Bitwise 10 ex Bitcoin Crypto Index Fund has holdings of nine of the 10 crypto assets that comprise its $1+ billion flagship Crypto Index Fund, excluding bitcoin. The assets range between $8 billion to $427 billion market cap.
The fund will track Bitwise 10 ex Bitcoin Large Cap Crypto Index under the oversight of the Bitwise Crypto Index Committee.
Bitwise is currently the largest crypto index fund manager with more than $1.3 billion in AUM.
