Bitwise is shifting its flagship crypto index fund to NYSE Arca, offering streamlined access to major assets like bitcoin, ether, XRP, and solana as diversified crypto exposure accelerates into the financial mainstream.
Bitwise 10 Crypto Index ETF Moves to NYSE Arca
Bitwise Asset Management announced on Dec. 9 that its Bitwise 10 Crypto Index ETF (BITW) has begun trading on NYSE Arca as an exchange-traded product (ETP), focusing on diversified exposure to leading crypto assets. This move signaled a crucial uplisting for the product, transitioning it from its prior over-the-counter (OTCQX) quotation.
The announcement states:
The world’s largest and longest-running crypto index fund, the Bitwise 10 Crypto Index ETF (BITW), will uplist to NYSE Arca as an exchange-traded product.
The firm explained that BITW tracks the Bitwise 10 Large Cap Crypto Index with active screening and monthly rebalancing. The fund’s holdings at uplisting included at 74.34%, ether at 15.55%, at 5.17%, at 3.07%, cardano at 0.65%, chainlink at 0.39%, litecoin at 0.26%, avalanche at 0.24%, sui at 0.24%, and polkadot at 0.14%.
CIO Matt Hougan opined: “Most investors we meet are convinced crypto is here to stay, but they don’t know who the winners will be.” He added that an index-based approach allows investors to participate without predicting market leaders.
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Additional details note that BITW will allocate 90% of its holdings to crypto assets already held by approved single-coin ETPs, with the remaining assets collectively capped at 10%. CEO Hunter Horsley said:
This is a watershed moment for crypto as an asset class … 2025 has marked the start of crypto’s rapid adoption as a mainstream asset class.
“With BITW uplisting as an ETP today, crypto finally has a NYSE-traded index fund,” Horsley noted. “We believe index investing through BITW will become one of the most popular ways for investors to get exposure. Bitwise has an eight-year track record of providing access to this space for investors, and we’re thrilled to continue that work today.”
The firm highlighted its advisory board’s role in overseeing index methodology, which incorporates liquidity, custody, security, and regulatory considerations. As institutional participation expands and regulatory clarity progresses, diversified index products such as BITW continue to play a significant role in broadening market access for investors while supporting long-term portfolio strategies.
FAQ ⏰
- What is BITW’s new trading venue? BITW will begin trading on NYSE Arca as an exchange-traded product.
- Which assets dominate BITW’s holdings? and ether make up the majority of BITW’s portfolio at uplisting.
- How does BITW manage diversification? BITW tracks a large-cap crypto index with active screening and monthly rebalancing.
- What limit does BITW place on non–single-coin ETP assets? BITW caps all such remaining assets collectively at 10% of holdings.
Author: Kevin Helms
Source: Bitcoin
Reviewed By: Editorial Team
