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Bitwise Asset Management announced three new indexes to track baskets of digital assets including Bitwise 20 Mid Cap, Bitwise 70 Small Cap, and Bitwise 100 Total Market. The company also currently has an application for a bitcoin related ETF with the SEC that differs from others as it tracks a basket of coins (the HOLD 10 Index), as opposed to a single coin.
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”We want to get indexes out there to encapsulate the whole picture of the cryptocurrency market,” said Matt Hougan, head of research at Bitwise Asset Management. “We hope it becomes the de facto way investors look at the market as a whole.”
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