Bitwise Announces Results of October 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 October 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 October 31, 2022 reconstitution: Litecoin (LTC) re-entered the index, replacing Chainlink (LINK). As of October 31, 2022, at 4 p.m. ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 61.11% Bitcoin (BTC), 29.46% Ethereum (ETH), 2.21% Cardano (ADA), 1.83% Solana (SOL), 1.23% Polygon (MATIC), 1.21% Polkadot (DOT), 0.88% Avalanche (AVAX), 0.81% Uniswap (UNI), 0.65% Cosmos (ATOM), and 0.61% Litecoin (LTC).

There were no changes to the constituents of the Bitwise Decentralized Finance Crypto Index as a result of the October 31, 2022 reconstitution. As of October 31, 2022, at 4 p.m. ET, the Bitwise Decentralized Finance Crypto Index held the following constituents: 53.49% Uniswap (UNI), 12.12% Aave (AAVE), 8.37% Maker (MKR), 4.87% Lido DAO (LDO), 4.81% Curve DAO Token (CRV), 3.88% Convex Finance (CVX), 3.73% Compound (COMP), 3.50% Loopring (LRC), 3.05% Yearn Finance (YFI), and 2.20% 0x (ZRX).

There was one change to the constituents of the Bitwise 10 ex Bitcoin Large Cap Crypto Index as a result of the October 31, 2022 reconstitution: Litecoin (LTC) re-entered the index, replacing Chainlink (LINK). As of October 31, 2022, at 4 p.m. ET, the Bitwise 10 ex Bitcoin Large Cap Crypto Index held the following constituents: 75.76% Ethereum (ETH), 5.69% Cardano (ADA), 4.69% Solana (SOL), 3.16% Polygon (MATIC), 3.11% Polkadot (DOT), 2.26% Avalanche (AVAX), 2.09% Uniswap (UNI), 1.67% Cosmos (ATOM), and 1.58% Litecoin (LTC).

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 October 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 no changes as a result of the October 31, 2022 reconstitution. As of October 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: 9.69% Ethereum (ETH), 9.00% Chainlink (LINK), 8.92% Polygon (MATIC), 7.72% Filecoin (FIL), 7.72% Solana (SOL), 6.60% Binance Coin (BNB), 5.88% Uniswap (UNI), 5.08% Arweave (AR), 4.15% Ethereum Name Service (ENS), and 4.07% Graph Protocol (GRT). The index methodology for the Ball Multicoin Bitwise Metaverse Index is available here.