Bitwise 10 Crypto Index ETF

Bitwise 10 Crypto Index ETF

Bitwise Asset Management, the firm behind the fund, was founded in 2016 by Hunter Horsley and Hong Kim. The Bitwise 10 Crypto Index ETF (BITW) launched in 2017, positioning itself as a portfolio vehicle for investors seeking diversified crypto exposure without individual token selection risk. The fund rebalances to a fixed weight based on market capitalization monthly. The strategy is passive index tracking, following the Bitwise 10 Large Cap Crypto Index. The ETF holds the ten largest crypto assets by circulating market cap — primarily Bitcoin and Ethereum, which together accounted for roughly 85% of the portfolio as of recent filings. Other holdings have included Solana, Cardano, and Polkadot. The fund is predominately focused on the spot market and does not engage in derivatives or leverage (per SEC filings). As of early 2026, the ETF held approximately $300 million in assets under management. The fund trades on NYSE Arca under the ticker BITW. Bitwise Asset Management as a firm oversees a broader suite of crypto strategies, though the ETF is its flagship retail product. The firm maintains offices in San Francisco and New York. In 2025, Bitwise launched a separate Bitcoin-only ETF (BITQ) and an Ethereum-only fund (ETHW), expanding its ETF lineup. The key structural differentiator for BITW is its monthly rebalance and fixed-weight methodology — a contrast to market-cap weighted crypto indices that can become concentrated in single assets. The fund also avoids staking or lending its holdings, maintaining a pure passive exposure structure.