BITW Tracks Top 10 Cryptocurrencies, Offering a Balanced Crypto Exposure for $0.75 per $100
The Bitwise 10 Crypto Index Fund ETF (BITW) trades slightly above its net asset value of $47.66 per share. It tracks the ten largest cryptocurrencies by market cap and rebalances its holdings monthly to reflect their changing values. The fund screens out tokens that face technical, custody, liquidity, or regulatory risks. BITW’s top four holdings are Bitcoin (77.2%), Ethereum (14.3%), XRP (4.4%), and Solana (2.5%). The remaining six tokens in the portfolio each account for less than 1%. BITW charges a 0.75% annual fee and has $723 million in assets under management. Over the past 12 months, the fund has remained roughly flat as many smaller cryptocurrencies have declined in value.
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