Bitwise Launches Crypto Index Fund Excluding Bitcoin
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10 September
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Bitwise Asset Management has just announced the launch of a cryptocurrency index fund. It will not include Bitcoin, but the largest altcoins in terms of capitalization. According to Bitwise, this is the first fund of its kind in the world.

The new product, called Bitwise 10 ex Bitcoin Crypto Index Fund, will be guided by a similar Bitwise index that tracks the largest altcoins by market capitalization:

  • Ether (ETH): 68.53%
  • Cardano (ADA): 15.43%
  • Solana (SOL): 5.49%
  • Bitcoin Cash (BCH): 2.09%
  • Chainlink (LINK): 2.08%
  • Litecoin (LTC): 1.97%
  • Uniswap (UNI): 1.5%
  • Polygon (MATIC): 1.5%
  • Stellar (XLM): 1.4%

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Bitwise representatives have highlighted that over the past year, the Bitcoin share of the crypto market has fallen from 69% to 42%. At the same time, the share of altcoins such as Ether, Cardano and Solana has grown exponentially.

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