History just happened on NYSE Arca—the planet's first crypto index fund ETF officially kicked off trading today!
Bitwise 10 Crypto Index ETF (ticker: BITW) isn't some tiny experiment. We're talking about a $1.25 billion heavyweight that's been dominating the crypto index fund space. Now it's transitioned into an ETP structure and hit the traditional markets.
What's inside this beast? A carefully weighted basket of the industry's heavy hitters: BTC and ETH leading the charge, followed by XRP, SOL, ADA, LINK, LTC, SUI, AVAX, and DOT. Ten assets. One ticker. Instant diversified exposure.
This isn't just another product launch—it's a bridge between Wall Street infrastructure and crypto-native assets. Institutional money can now grab a slice of the top 10 without touching cold wallets or CEX accounts. Game's changing, folks.
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AirdropJunkie
· 20h ago
Wow, the institutions are finally entering the market. The crypto world is really about to change.
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TokenEconomist
· 20h ago
actually, let me break this down—the weighting methodology here is what really matters. if they're using market cap weighting ceteris paribus, we're just getting passive exposure to concentration risk tbh
Reply0
BearMarketMonk
· 20h ago
Bridges are always bidirectional, but the question is who really wants to cross.
Institutions have entered, where did the retail investors' chips go?
Wait, is this what they call a historic moment? Just a shell company going public.
A basket of ten coins, sounds stable... but actually it's putting all the eggs in one basket, just the basket looks nicer.
Wall Street never creates demand; it only harvests existing expectations.
A scale of one to two billion, I just want to know when it will turn into a few million.
When such major events occur, it's usually the end of the story.
It all comes back to one question: did cheap goods become expensive, or did expensive goods become cheap?
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liquiditea_sipper
· 20h ago
NGL, traditional finance has really started to get serious now. Before, they only paid lip service, but now they're finally taking real action.
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RektHunter
· 20h ago
ngl Now the mainstream finance really means business, and institutions finally no longer have to pretend they can't see the crypto world.
History just happened on NYSE Arca—the planet's first crypto index fund ETF officially kicked off trading today!
Bitwise 10 Crypto Index ETF (ticker: BITW) isn't some tiny experiment. We're talking about a $1.25 billion heavyweight that's been dominating the crypto index fund space. Now it's transitioned into an ETP structure and hit the traditional markets.
What's inside this beast? A carefully weighted basket of the industry's heavy hitters: BTC and ETH leading the charge, followed by XRP, SOL, ADA, LINK, LTC, SUI, AVAX, and DOT. Ten assets. One ticker. Instant diversified exposure.
This isn't just another product launch—it's a bridge between Wall Street infrastructure and crypto-native assets. Institutional money can now grab a slice of the top 10 without touching cold wallets or CEX accounts. Game's changing, folks.