{"id":33193,"date":"2020-12-11T10:45:23","date_gmt":"2020-12-11T08:45:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33193"},"modified":"2025-08-28T12:40:24","modified_gmt":"2025-08-28T09:40:24","slug":"bitwise-10-crypto-index-fund-shares-outperform-grayscales-ethereum-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitwise-10-crypto-index-fund-shares-outperform-grayscales-ethereum-trust\/","title":{"rendered":"Bitwise 10 Crypto Index Fund shares outperform Grayscale&#8217;s Ethereum Trust"},"content":{"rendered":"<p>Trading volume of Bitwise 10 Crypto Index Fund shares surpassed the Grayscale Ethereum Trust on the OTCQX over-the-counter market. This occurred on the second day after <a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-opens-access-to-bitwise-10-crypto-index-fund-on-the-us-otc-market\">listing<\/a> of the financial instruments under the ticker BITW.<!--more--><\/p>\n<p>By December 10, the trading volume of BITW reached $33.16 million. This was more than $2 million higher than ETHE&#8217;s figure.<\/p>\n<div id=\"attachment_119260\" style=\"width: 873px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-119260\" class=\"size-full wp-image-119260\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/OTC-2.png\" alt=\"Bitwise crypto fund shares outperformed Grayscale's Ethereum Trust\" width=\"863\" height=\"413\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/OTC-2.png 863w, https:\/\/u1f987.com\/wp-content\/uploads\/OTC-2-300x144.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/OTC-2-768x368.png 768w\" sizes=\"auto, (max-width: 863px) 100vw, 863px\" \/><\/p>\n<p id=\"caption-attachment-119260\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.otcmarkets.com\/market-activity\/current-market\/QX\" target=\"_blank\" rel=\"noopener noreferrer\">OTC Markets<\/a>.<\/p>\n<\/div>\n<p>The Bitwise 10 Crypto Index Fund&#8217;s assets under management stand at $115 million. Previously the instrument could be purchased only through private placement at net asset value.<\/p>\n<p>For comparison, Grayscale Ethereum Trust&#8217;s assets under management exceed $1.6 billion. The company&#8217;s total assets under management stand at $12.2 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">12\/10\/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $12.2 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XLM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XRP<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/t.co\/fFWjzJX529\">pic.twitter.com\/fFWjzJX529<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1337153521926410242?ref_src=twsrc%5Etfw\">December 10, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Bitwise 10 Crypto Fund mirrors the dynamics of the Bitwise 10 Large Cap Crypto Index. The latter is a basket of the largest cryptocurrencies by market capitalization, rebalanced monthly.<\/p>\n<div id=\"attachment_119261\" style=\"width: 527px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-119261\" class=\"size-full wp-image-119261\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-123.png\" alt=\"Bitwise crypto fund shares outperformed Grayscale's Ethereum Trust\" width=\"517\" height=\"470\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-123.png 517w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_1-123-300x273.png 300w\" sizes=\"auto, (max-width: 517px) 100vw, 517px\" \/><\/p>\n<p id=\"caption-attachment-119261\" class=\"wp-caption-text\">Portfolio of Bitwise 10 Crypto Fund assets as of December 10, 2020. Data: Bitwise Investments.<\/p>\n<\/div>\n<p>On OTCQX, shares of about 11,000 large U.S. and international companies that meet high financial standards, U.S. law, and best-practice corporate governance trade, but do not wish to meet all SEC disclosure requirements. The market also features Grayscale Investments&#8217; Bitcoin Trust (GBTC).<\/p>\n<p>Earlier Grayscale Investments <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-to-boost-liquidity-of-ethereum-trust-shares-with-91-stock-split\">announced<\/a> a 9-for-1 stock split of the Ethereum Trust (ETHE).<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By December 10, the trading volume of BITW reached $33.16 million. This was more than $2 million higher than ETHE&#8217;s figure.<\/p>\n","protected":false},"author":1,"featured_media":33194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[949,943,1145,830,1211],"class_list":["post-33193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-grayscale-investments","tag-market-analysis","tag-otc","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33193"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33193\/revisions"}],"predecessor-version":[{"id":33195,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33193\/revisions\/33195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33194"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}