Bitwise has launched a 10-asset cryptocurrency index ETF on NYSE Arca, managing $1.25 billion in assets under management (AUM). The ETF tracks a rules-based index with monthly rebalancing, focusing heavily on Bitcoin. It includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Litecoin (LTC), Sui (SUI), Avalanche (AVAX), and Polkadot (DOT). The fund allocates 90% of its crypto exposure to single-coin exchange-traded products (ETPs), providing streamlined access for investors. This launch contributes to the growing momentum in Bitcoin ETF news, reflecting increasing institutional and retail demand for diversified crypto investment options.