Bitwise 10 Crypto Index Fund Uplists to NYSE Arca, Expanding Retail Crypto Access

Source: DefiPlanet Original Title: Bitwise 10 Crypto Index Fund Uplists to NYSE Arca, Expanding Retail Crypto Access Original Link:

Overview

Bitwise Asset Management announced that its flagship Bitwise 10 Crypto Index Fund (BITW) has begun trading on NYSE Arca as an exchange-traded product. This development makes the fund, which offers exposure to the 10 largest crypto assets by market capitalization, more accessible to both retail and institutional investors in the United States.

Fund Details

Launched in 2017, BITW was the first crypto index fund and aims to track the Bitwise 10 Large Cap Crypto Index. The fund includes major assets such as Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, and others. The fund employs monthly rebalancing and active screening to ensure it reflects market capitalization, liquidity, custody standards, regulatory status, and network distributions.

The uplisting allows BITW to allocate 90% of holdings to crypto assets already approved for single-coin exchange-traded products, including BTC, ETH, SOL, and XRP. The remaining 10% is distributed across other eligible tokens. This structure provides investors with a diversified, index-based approach to crypto exposure without requiring individual asset selection.

Mainstream Adoption and Regulatory Framework

Bitwise views this uplisting as part of the broader adoption of crypto as a mainstream asset class. The company emphasizes that 2025 marks a pivotal year for crypto adoption, with BITW providing investors regulated, diversified access to the sector. The fund benefits from oversight by the Bitwise Index Advisory Board, which includes industry veterans and blockchain experts.

BITW’s trading on NYSE Arca underscores growing regulatory clarity and institutional interest in crypto investments. The uplisting offers both retail and institutional investors a streamlined pathway into digital assets while maintaining compliance with U.S. securities regulations.

Fund Status

Bitwise Asset Management manages over $15 billion in client assets. According to the company, BITW is now the largest crypto index fund in the world, with $1.25 billion in assets under management and an eight-year track record.