Uniswap re-enters the Bitwise 10 Large Cap Crypto Index and Bitwise 10 ex Bitcoin Large Cap Crypto Index; TeraWulf (WULF) Enters Bitwise Crypto Innovators 30 Index; Moonbirds, Doodles, and Azuki enter the Bitwise Blue-Chip NFT Collections Index.
SAN FRANCISCO, July 01, 2022–(BUSINESS WIRE)–Bitwise Index Services, the indexing subsidiary of Bitwise asset managementtoday announced the results of the monthly replenishment of the Bitwise Crypto Indexes, which took place on June 30, 2022 at 4 p.m. ET.
There has been a change in the constituents of the Bitwise 10 Large Cap Crypto Index following the June 30, 2022 reconstitution: Uniswap (UNI) re-entered the index, replacing Bitcoin Cash (BCH). As of June 30, 2022, 4:00 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 67.42% Bitcoin (BTC), 23.14% Ethereum (ETH), 2.81% Cardano (ADA) , 2.05% Solana (SOL), 1.43% Polkadot (DOT), 0.86% Avalanche (AVAX), 0.68% Litecoin (LTC), 0.67% Polygon (MATIC), 0.53% Chainlink (LINK) and 0.41% Uniswap (UNI).
There have been no changes in the constituents of the Bitwise Decentralized Finance Crypto Index following the June 30, 2022 reconstitution. As of June 30, 2022, 4:00 p.m. ET, the Bitwise Decentralized Finance Crypto Index held the following : 39.36% Uniswap (UNI), 14.02% Maker (MKR), 13.64% Aave (AAVE), 8.32% Loopring (LRC), 6.34% Curve DAO Token (CRV), 5, 76% Compound (COMP), 5.02% 0x (ZRX), 3.42% Yearn Finance (YFI), 2.19% SushiSwap (SUSHI) and 1.94% Bancor (BNT).
There has been a change in the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index following the June 30, 2022 reconstitution: Uniswap (UNI) re-entered the index, replacing Bitcoin Cash (BCH). As of June 30, 2022, 4:00 p.m. ET, the Bitwise 10 ex Bitcoin Large Cap Crypto Index held the following constituents: 71.02% Ethereum (ETH), 8.63% Cardano (ADA), 6.29% Solana ( SOL), 4.40% Polkadot (DOT), 2.63% Avalanche (AVAX), 2.08% Litecoin (LTC), 2.05% Polygon (MATIC), 1.62% Chainlink (LINK) and 1, 26% Uniswap (UNI).
The Bitwise Crypto Indexes are replenished monthly according to the rules of the Bitwise Cryptographic Index Methodology as applied by the Bitwise Crypto Index Committee. June 2022 Bitwise Crypto Index Committee Meeting Minutes Are Publicly Available here.
The Bitwise Crypto Innovators 30 Stock Index is replenished quarterly and has undergone one change following the June 17, 2022 reconstitution: TeraWulf Inc. (WULF) entered the index, replacing Mawson Infrastructure Group (MIGI). As of June 30, 2022 at 4:00 p.m. ET, the top 10 constituents of the Bitwise Crypto Innovators 30 Index were: 10.42% Microstrategy (MSTR), 10.16% Coinbase Global Inc (COIN), 10.02% Silvergate Capital (SI), 5.69% Canaan Inc. (CAN), 4.83% Bakkt Holdings, Inc. (BKKT), 4.76% Bit Digital, Inc. (BTBT), 4.38% Riot Blockchain (RIOT ), 4.32% Galaxy Digital Holdings (GLXY CN), 3.94% Marathon Digital Holdings (MARA) and 3.91% Northern Data AG (NB2 GR). Index Methodology for Bitwise Crypto Innovators 30 Stock Index Available here.
The Bitwise Blue-Chip NFT Collections Index is replenished quarterly and has undergone three changes following the June 30, 2022 replenishment: MoonBirds, Doodles, and Azuki entered the index, replacing Cyberkongz Genesis, Cool Cats, and Autoglyphs . As of June 30, 2022, 4:00 p.m. ET, the Bitwise Blue-Chip NFT Collections Index held the following: 32.67% Bored Ape Yacht Club, 23.81% CryptoPunks, 11.91% Mutant Ape Yacht Club, 7, 60% CloneX, 6.32% Moonbirds. , 4.61% Doodles, 3.83% Azuki, 3.28% Chromie Squiggle, 3.00% VeeFriends and 2.96% Meebits. Index Methodology for Bitwise Blue-Chip NFT Collections Index Available here.
About bitwise asset management
Based in San Francisco, Bitwise is one of the largest and fastest growing crypto asset managers. By the end of 2021, Bitwise was managing over $1.3 billion in 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 traditional asset management and indexing, from companies such as BlackRock, Blackstone, Facebook and Google, as well as the US 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.
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Carefully review the investment objectives, risk factors, and fees and expenses of any Bitwise investment product before investing. Investing involves risk, including possible loss of principal. There is no guarantee or assurance that the methodology used by Bitwise or any of the Bitwise investment products will enable any Bitwise investment product to achieve positive investment returns or outperform other investment products. investment. 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 volatility in the price of that investment product and the possibility of significant losses. Bit-level investment products involve a substantial degree of risk. Certain Bitwise investment products may only be available to accredited institutional and individual investors.
Some of the Bitwise 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 regulatory actions or policies may limit the ability to sell, trade, or use a crypto asset. The price of a crypto-asset can be impacted by the transactions of a small number of holders of this crypto-asset. Crypto assets may decline in popularity, acceptance, or usage, which may impact their price. Crypto-asset and blockchain technology is new and developing. Currently, there are a limited number of listed or listed companies for which crypto assets and blockchain technology represent an attributable and significant source of revenue.
NFTs are an extremely new artistic and cultural phenomenon, and interest in such works of art may decline. If the demand for NFT artwork decreases, the prices of NFT items could be negatively 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 the risks and challenges associated with intellectual property rights and fraud.
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Frank Taylor/Ryan Dicovitsky
Dukas Linden Public Relations