TechFlow news, November 15 — According to an official announcement, Bitwise Asset Management revealed that NYSE Arca has filed an application for listing its cryptocurrency index fund, the Bitwise 10 Crypto Index Fund (BITW), as an exchange-traded product (ETP). The fund currently holds $1.3 billion in assets and trades on the OTCQX over-the-counter market.
Launched in November 2017, BITW is the world's first cryptocurrency index fund. As of October 31, 2024, the fund holds the following assets: Bitcoin (75.1%), Ethereum (16.5%), Solana (4.3%), XRP (1.6%), Cardano (0.7%), Avalanche (0.6%), Bitcoin Cash (0.4%), Chainlink (0.4%), Uniswap (0.3%), and Polkadot (0.3%).
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