Bitwise Announces Results of July 2021 Month End Crypto Index Reconstitution

Bitwise Asset Management, a provider of index and exchange-traded products (ETPs), has announced the results of its July 2021 month end crypto index reconstitution. The company’s indices are designed to track the performance of the global cryptocurrency market. In order to ensure that they accurately reflect the current state of the market, Bitwise conducts regular reconstitutions.

Bitwise Asset Management is a firm that specializes in cryptocurrency trading.

The company has several indices that track the performance of digital assets. In order to keep these accurate, Bitwise does monthly reconstitutions. For July 2021, the changes are as follows:

– The Bitcoin Index is no longer capped at 21 million BTC. This means that it will now include all future mined bitcoins.

– The Ethereum Index has been expanded to include all ERC20 tokens.

– The bitwise ten largecap cryptoindex has been rebalanced to include new projects like Polkadot, Filecoin, and Avalanche.

– The bitwise seventy midcap cryptoindex has been rebalanced to include new projects like Decred, Siacoin, and Maidsafe.

– The bitwise seventy five smallcap cryptoindex has been rebalanced to include new projects like Aragon, Decentraland, and LBRY Credits.

– The bitwise thirty excludecryptoindex has been rebalanced to exclude altcoins that have shown signs of price manipulation or other red flags.

About Tyler Markle

Tyler Markle is a cryptocurrency trader who has made a fortune in the digital currency market. He got his start in trading while attending college, and quickly developed a knack for it. Lucas has been able to turn his knowledge of trading into a very successful career, and he now spends his time helping others learn how to trade cryptocurrencies.

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