September 2024 Update
On September 2, 2024, the MSCI Global Digital Assets Select Top 20 Capped Index underwent its latest quarterly rebalancing, following the guidelines outlined in its index methodology. This index, designed to track the performance of the 20 leading investable cryptocurrencies, covers approximately 90% of the total cryptocurrency market capitalization. It is calculated by MSCI and updated on a quarterly basis.
In line with this, the portfolio of the Bitwise MSCI Digital Assets Select 20 ETP (DA20), which passively replicates the index, was also rebalanced on the same date. The DA20 ETP, traded on Xetra under ISIN DE000A3G3ZL3, offers investors exposure to a carefully curated selection of digital assets.
As with all ETC Group crypto ETPs, the digital assets in the basket are securely stored using regulated cold-storage custody, ensuring maximum efficiency for investors.
The chart below highlights the exceptional tracking performance of the ETP compared to the index since its inception:
Bitcoin and Ethereum continue to dominate the portfolio, each holding the maximum 30% allocation. Meanwhile, Solana takes the third-largest share, with a 14.44% weighting.
Overview of index portfolio and weighting as per rebalancing on 02.09.2024
| Name | Symbol | Added to index | Weighting |
|---|---|---|---|
 Bitcoin |
BTC | 01.03.2023 | 30.00% |
 Ethereum |
ETH | 01.03.2023 | 30.00% |
 Solana |
SOL | 01.03.2023 | 14.44% |
 Ripple |
XRP | 01.03.2023 | 6.50% |
 Tron |
TRX | 01.03.2023 | 2.86% |
 Cardano |
ADA | 01.03.2023 | 2.61% |
 Avalanche |
AVAX | 01.03.2023 | 2.05% |
 Chainlink |
LINK | 01.03.2023 | 1.46% |
 Bitcoin Cash |
BCH | 01.03.2023 | 1.37% |
 Polkadot |
DOT | 01.03.2023 | 1.28% |
 Near Protocol |
NEAR | 01.03.2023 | 1.05% |
 Uniswap |
UNI | 01.03.2023 | 0.96% |
 Litecoin |
LTC | 01.03.2023 | 0.95% |
 Polygon |
MATIC | 01.03.2023 | 0.93% |
 Internet Computer |
ICP | 03.06.2024 | 0.76% |
 Aptos |
APT | 01.03.2024 | 0.66% |
 Ethereum Classic |
ETC | 01.03.2023 | 0.58% |
 Stellar |
XLM | 01.03.2023 | 0.57% |
 Stacks |
STX | 01.03.2024 | 0.52% |
 Filecoin |
FIL | 01.03.2023 | 0.46% |
As always, the weighting of cryptocurrencies within both the index and ETP changes daily, reflecting price changes in the underlying assets. You can stay updated by visiting the ETP product page for the latest breakdown of the index components.
Important Information
This publication constitutes a marketing communication and is provided for informational purposes only. It does not constitute investment advice, a personal recommendation, or an offer or solicitation to buy or sell any financial instrument.
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Bitwise Europe GmbH, incorporated under the laws of Germany, is the issuer of the Exchange Traded Products (“ETPs”) referenced in this Document under a base prospectus and the applicable final terms, as supplemented from time to time, approved by the German Federal Financial Supervisory Authority (BaFin). The approval of the prospectus by BaFin relates solely to the completeness, coherence and comprehensibility of the prospectus in accordance with the Prospectus Regulation and does not constitute an endorsement, recommendation or assessment of the merits of the products.
The market analyses, views and scenarios presented reflect the assessment as of the date of publication and are based on information considered reliable. However, no representation or warranty is made as to their accuracy or completeness. Forward-looking statements involve risks and uncertainties and are not guarantees of future performance. Past performance is not a reliable indicator of future results.
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