Bitwise Announces December 2021 End-of-Month Crypto Index Replenishment Results

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SAN FRANCISCO – (BUSINESS WIRE) – Bitwise Index Services, the indexing arm of Bitwise Asset Management, today announced the results of the monthly Bitwise Crypto Index rebuilding, which took place on December 31, 2021 at 4 p.m. HEY.

There was a change in the constituents of the Bitwise 10 Large Cap Crypto Index following the replenishment on December 31, 2021: Avalanche entered the index, replacing Uniswap. As of December 31, 2021, at 4 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 58.69% Bitcoin (BTC), 29.33% Ethereum (ETH), 3.52% Solana (SOL), 2.98% Cardano (ADA), 1.76% Avalanche (AVAX), 1.19% Polygon (MATIC), 0.71% Algorand (ALGO), 0.68% Litecoin (LTC), 0.60% Chainlink (LINK) and 0.54% Bitcoin Cash (BCH).

There has been a change in the constituents of the Bitwise Decentralized Finance Crypto index following the replenishment on December 31, 2021: Loopring is reinstated in the index, replacing Ren. As of December 31, 2021, at 4:00 p.m. ET, the Bitwise Decentralized Finance Crypto Index contained the following constituents: 31.32% Uniswap (UNI), 14.95% Aave (AAVE), 11.65% Loopring (LRC), 10, 09% Maker (MKR), Curve 9.95% (CRV), Composite 5.43% (COMP), 5.30% SushiSwap (SUSHI), 5.08% Yearn.Finance (YFI), 3.30% Bancor (BNT) and 2.93% 0x (ZRX).

The Bitwise Crypto Indexes are reconstituted monthly according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee. The minutes of the Bitwise Crypto Index committee meeting for December 2021 are available to the public here.

The Bitwise Crypto Innovators 30 Stock Index reconstitutes quarterly on the third Friday of the last month of each quarter. Following this reconstitution, on December 17, 2021, Bakkt Holdings, Iris Energy, Greenidge Generation Holdings and BIT Mining replaced Ebang International Holdings, BIGG Digital Assets, EQONEX and Arcane Crypto as constituents of the index. As of December 31, 2021 at 4:00 p.m. ET, the following were the top 10 constituents of the Bitwise Crypto Innovators 30 Index: 10.71% Coinbase Global Inc. (COIN), 10.17% Silvergate Capital (SI), 9, 73% MicroStrategy (MSTR), 4.86% Voyager Digital (VOYG CN), 4.67% Galaxy Digital Holdings (GLXY CN), 4.28% Hut 8 Mining (HUT CN), 4.06% Northern Data AG ( NB2 GR), 4.00% Marathon Digital Holdings (MARA), 3.96% Riot Blockchain (RIOT) and 3.89% Hive Blockchain Tech (HIVE CN). The index methodology for the Bitwise Crypto Innovators 30 Stock Index is available here.

NFT’s Bitwise Blue-Chip NFT Collections Index is reconstituted quarterly on the last business day of each quarter. As the index was originally launched on December 14, 2021, there are no new entrants or changes in the constituents of the index. As of December 31, 2021, at 4 p.m. ET, the Bitwise Blue-Chip NFT Collections Index contained the following: 32.69% CryptoPunks, 30.67% Bored Ape Yacht Club, 10.27% Mutant Ape Yacht Club, 4 , 90% VeeFriends, 4.52% Cool Cats, 3.93% Autoglyphs, 3.88% Fidenza, 3.30% Chromie Squiggle, 3.12% Meebits and 2.71% CyberKongz Genesis. The Bitwise Blue-Chip NFT Collections index indexing methodology is available here.

About Bitwise Asset Management

San Francisco-based Bitwise is one of the world’s largest and fastest growing crypto-asset managers. As of December 31, 2021, Bitwise managed more than $ 1.3 billion across a growing suite of investment solutions. The company is known for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering products spanning bitcoin, ethereum, DeFi, and crypto-focused stock indices. Bitwise is focused on partnering with financial advisors and investment professionals to provide quality education and research. The Bitwise team combines technology expertise with decades of experience in managing and indexing traditional assets, from companies such as BlackRock, Blackstone, Facebook and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been featured in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal.

DISCLOSURE OF RISKS AND IMPORTANT INFORMATION

Carefully review the investment objectives, risk factors, and fees and expenses of any Bitwise investment product before investing. There are risks involved in investing, including the possible loss of capital. There is no guarantee or assurance that the methodology used by Bitwise or any of the Bitwise investment products will result in a Bitwise investment product achieving positive returns on investment or outperforming other investment products. . There is no guarantee or assurance that an investor’s investment objectives will be achieved through an investment in any Bitwise investment product, and an investor may lose money. Investors in any Bitwise investment product should be prepared to accept a high degree of price volatility for that investment product and the possibility of large losses. Bit-level investment products involve a substantial degree of risk. Certain Bitwise investment products may be available only to accredited institutional and individual investors.

Some of Bitwise’s investment products may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Because crypto assets are a new technological innovation with a limited history, they are a highly speculative asset. Future actions or regulatory policies may limit the ability to sell, trade, or use a crypto asset. The price of a crypto asset can be affected by the transactions of a small number of holders of that crypto asset. Crypto assets can lose popularity, acceptance or use, which can impact their price. The technology related to crypto assets and blockchain is new and developing. Currently, there are a limited number of publicly traded or publicly traded companies for which crypto assets and blockchain technology represent an attributable and significant source of income.

NFTs are an extremely new artistic and cultural phenomenon, and interest in such works of art may decline. If the demand for NFT artwork declines, the prices of NFT items could be adversely affected. The NFT market may be subject to low trading volume, extreme hoarding, low liquidity, and high risk of bankruptcy. NFTs are also subject to risks and challenges associated with intellectual property rights and fraud.

The opinions expressed here are intended to provide insight or education and are not intended as individual investment advice. Bitwise does not guarantee that this information is accurate and complete and should not be relied upon as such.

This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results. This information should not be taken by the reader as research or investment advice concerning the funds or any particular security. Past performance is no guarantee of future results.

Diversification may not protect against market risk. Diversification does not guarantee a profit or protect against a loss in a declining market.

Bitwise may attempt to have the shares of its investment products listed on a secondary market. However, there is no guarantee that this will be successful. Although the shares of some Bitwise investment products have been approved to be traded on a secondary market, investors in any other Bitwise investment product should not assume that the shares will ever obtain such approval due to various factors. , including questions that regulators such as the SEC, FINRA or other regulators may have regarding the investment product. The shareholders of these investment products must be prepared to bear the risk of investing in equities indefinitely.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction where such an offer or solicitation would be illegal, nor will there be any sale of securities in any jurisdiction. a jurisdiction in which such offering, solicitation or sale would be illegal prior to registration or qualification under the securities laws of that jurisdiction. The offering and sale of these investment products has not been registered or approved or disapproved by the Securities and Exchange Commission or the securities commission or regulatory authority of any state or foreign jurisdiction. .

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