Bitwise’s 10 Crypto Index Fund went live on December 10, making history as the first publicly traded crypto index fund in the US. This year has been a big year for Bitcoin’s retail and institutional investors. Companies like Coinbase and Fidelity cater to these groups respectively, but there’s a middle ground of wealth managers—people who manage the wealth of millions of Americans—waiting to be tapped into. Bitwise’s fund is designed to expose these millions of Americans to crypto via their investment portfolios. “The idea is to be the S&P 500 or the FTSE 100 of the crypto space,” Bitwise CIO Matthew Hougan told Decrypt. Be the first to try our reward token. Earn tokens passively as you read. Spend your tokens in our reward store. The Token The fund has already enjoyed some success. According to yesterday’s figures, the company is already looking after $162 million worth of assets.
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