Bitwise’s BITW ETF, tracking 10 cryptos like BTC, ETH, XRP, begins trading on NYSE Arca
The post Bitwise’s BITW ETF, tracking 10 cryptos like BTC, ETH, XRP, begins trading on NYSE Arca appeared on BitcoinEthereumNews.com.
Bitwise Asset Management’s 10 Crypto Index ETF has received SEC approval to begin trading on NYSE Arca as an exchange-traded product. The listing approval has transitioned from OTCQX to boost liquidity for a $1.25 billion fund. The fund includes exposure to Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink, Litcoin, Sui Network, Avalaunch, and Polkadot. Today: The Bitwise 10 Crypto Index ETF ($BITW) begins trading on @NYSE Arca as an exchange-traded product! Thanks to our dedicated investors, BITW is the largest crypto index fund in the world, with $1.25B in AUM (as of today) alongside an eight-year track record. We think this… pic.twitter.com/8n8NgEekxO — Bitwise (@BitwiseInvest) December 9, 2025 The portfolio weights for Bitwise’s BITW ETF have Bitcoin at 74.34%, underscoring its market cap dominance among the top 10 screened cryptocurrencies. Ethereum follows at 15.55%, while altcoins like XRP (5.17%) and Solana (3.07%) provide smaller but notable diversification, totaling 89.89% for BTC and ETH combined. Matt Hougan, CIO of Bitwise, stated, “The index approach is a way for people to invest in the thesis without having to predict the future, knowing that BITW will own the largest, most successful assets in the space (by market capitalization), whatever they happen to be. BITW now gives investors broad-based exposure to crypto with the benefit of Bitwise’s oversight and more than eight-year track record.” BITW will give most of its crypto assets to existing single-coin ETPs With its new ETP structure, BITW will allocate 90% of its crypto assets to existing single-coin ETPs, which currently include Bitcoin, Ether, Solana, and XRP. The remaining 10% will comprise crypto assets that are not part of these four coins. If other crypto coins receive the same legal approval as BTC, ETH, SOL, and XRP, BITW will categorize them in the 90% category. With this move, investors can now…
