Bitwise Announces Results of March 2022 Month-End Crypto Index Reconstitution

Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on Mar 31, 2022, at 4pm ET.

There were no changes to the constituents of the Bitwise 10 Large Cap Crypto Index as a result of the March 31, 2022 reconstitution. As of March 31, 2022, at 4pm ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 60.89% Bitcoin (BTC), 27.75% Ethereum (ETH), 2.81% Solana (SOL), 2.59% Cardano (ADA), 1.78% Avalanche (AVAX), 1.65% Polkadot (DOT), 0.78% Polygon (MATIC), 0.61% Litecoin (LTC), 0.59% Cosmos (ATOM), and 0.55% Chainlink (LINK).

There were no changes to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the March 31, 2022 reconstitution. As of March 31, 2022, at 4pm ET, the Bitwise Decentralized Finance Crypto Index held the following constituents: 31.45% Uniswap (UNI), 17.45% Aave (AAVE), 11.48% Maker (MKR), 8.87% Loopring (LRC), 6.34% Curve DAO Token (CRV), 6.03% Compound (COMP), 5.16% SushiSwap (SUSHI), 4.96% Yearn.Finance (YFI), 4.24% Bancor (BNT), and 4.02% 0x (ZRX).

There were no changes to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index as a result of the March 31, 2022 reconstitution. As of March 31, 2022, at 4pm ET, the Bitwise 10 ex Bitcoin Large Cap Crypto Index held the following constituents: 70.95% Ethereum (ETH), 7.19% Solana (SOL), 6.62% Cardano (ADA), 4.54% Avalanche (AVAX), 4.21% Polkadot (DOT), 2.01% Polygon (MATIC), 1.56% Litecoin (LTC), 1.51% Cosmos (ATOM), and 1.42% Chainlink (LINK).

The Bitwise Crypto Indexes are reconstituted on a monthly basis according to the rules of the Bitwise Crypto Index Methodology as applied by the Bitwise Crypto Index Committee. Minutes of the March 2022 Bitwise Crypto Index Committee meeting are publicly available here.

The Bitwise Crypto Innovators 30 Index of equities reconstitutes quarterly and had five changes as a result of the March 18, 2022 reconstitution: Core Scientific (CORZ), CleanSpark (CLSK), MercadoLibre (MELI), Interactive Brokers (IBKR), and Mawson Infrastructure Group Inc. (MIGI) entered the index, while Arcane Crypto (ARCANE), Banxa Holdings (BNXA CN), Digihost Technology (DGHI CN), EQONEX (EQOS), and SOFI Technologies (SOFI) were removed. As of March 31, 2022 at 4pm ET, the following were the 10 largest constituents of the Bitwise Crypto Innovators 30 Index: 11.50% Galaxy Digital Holdings (GLXY CN), 9.92% MicroStrategy (MSTR), 9.59% Coinbase Global Inc. (COIN), 5.36% Silvergate Capital (SI), 5.35% Riot Blockchain Inc. (RIOT), 4.80% Core Scientific (CORZ), 4.61% Marathon Digital Holdings (MARA), 4.60% Bakkt Holdings Inc. (BKKT), 4.13% Canaan Inc. (CAN), and 3.53% Hut 8 Mining (HUT CN). The index methodology for the Bitwise Crypto Innovators 30 Index of equities is available here.