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Bitwise Launches Crypto Index Fund For US Investors


Bitwise Launches Crypto Index Fund For US Investors

Crypto asset management firm Bitwise today announced its Crypto Index Fund is live, making it the first publicly traded crypto fund open to US investors.


Known as Bitwise 10 Crypto Index Fund (BITW), the crypto index tracks the 10 largest cryptocurrencies and is made up up of around 75% Bitcoin, 13% Ethereum, and the rest in other high cap altcoins.


The crypto index fund allows both retail and accredited investors to buy shares of the the fund that represent the index. BITW will be sold on OTC marketplace OTCQX.


The Bitwise 10 Crypto Index Fund


The Bitwise 10 Crypto Index Fund will be rebalanced every month with what the company calls ‘the 10 most highly valued cryptocurrencies’. Read More