Bitwise Announces Results of August 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 August 31, 2022, at 4 p.m. ET.

There was one change to the constituents of the Bitwise 10 Large Cap Crypto Index as a result of the August 31, 2022 reconstitution: Cosmos (ATOM) re-entered the index, replacing Uniswap (UNI). As of August 31, 2022, at 4 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 61.00% Bitcoin (BTC), 29.87% Ethereum (ETH), 2.41% Cardano (ADA), 1.77% Solana (SOL), 1.28% Polkadot (DOT), 1.12% Polygon (MATIC), 0.87% Avalanche (AVAX), 0.61% Litecoin (LTC), 0.56% Cosmos (ATOM), and 0.49% Chainlink (LINK).

There was one change to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the August 31, 2022 reconstitution: Convex Finance (CVX) entered the index, replacing SushiSwap (SUSHI). As of August 31, 2022, at 4 p.m. ET, the Bitwise Decentralized Finance Crypto Index held the following constituents: 36.81% Uniswap (UNI), 15.62% Aave (AAVE), 9.05% Maker (MKR), 8.28% Lido DAO (LDO), 7.96% Curve DAO Token (CRV), 5.75% Loopring (LRC), 4.43% Convex Finance (CVX), 4.42% Compound (COMP), 4.37% Yearn Finance (YFI), and 3.30% 0x (ZRX).

There was one change to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index as a result of the August 31, 2022 reconstitution: Cosmos (ATOM) re-entered the index, replacing Uniswap (UNI). As of August 31, 2022, at 4 p.m. ET, the Bitwise 10 ex Bitcoin Large Cap Crypto Index held the following constituents: 76.61% Ethereum (ETH), 6.19% Cardano (ADA), 4.54% Solana (SOL), 3.29% Polkadot (DOT), 2.87% Polygon (MATIC), 2.23% Avalanche (AVAX), 1.57% Litecoin (LTC), 1.44% Cosmos (ATOM), and 1.26% 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 August 2022 Bitwise Crypto Index Committee meeting are publicly available here.

The Ball Multicoin Bitwise Metaverse Index reconstitutes in February, May, August, and November, and had one change as a result of the August 31, 2022 reconstitution: ApeCoin (APE) entered the index, replacing Somnium Space Cubes (CUBE). As of August 31, 2022, at 4 p.m. ET, the Ball Multicoin Bitwise Metaverse Index had 27 constituents. The following were the 10 largest constituents of the Ball Multicoin Bitwise Metaverse Index: 11.79% Polygon (MATIC), 9.87% Ethereum (ETH), 8.18% Solana (SOL), 7.74% Filecoin (FIL), 7.46% ChainLink (LINK), 6.09% Binance Coin (BNB), 5.13% Arweave (AR), 4.61% FTX Token (FTT), 4.45% Graph Protocol (GRT), and 4.05% Avalanche (AVAX). The index methodology for the Ball Multicoin Bitwise Metaverse Index is available here.