Bitwise Crypto Index ETF Quarterly Report Highlights Risks Amid Ongoing Slump

Bitwise's 10 Crypto Index ETF (BITW) has filed its quarterly report for the period ended June 30, 2026. The fund, which trades on the NYSE Arca under the ticker BITW, includes a range of cryptocurrencies such as BTC, ETH, XRP, SOL, HYPE, ADA, SUI, LTC, LINK, and XLM.

The quarterly report highlights the risks facing the fund, including extreme volatility in crypto assets, regulatory developments, liquidity, custody, and the operations of crypto-asset networks. It also notes that market prices and conditions may materially affect the value of the trust's shares.

Interestingly, Bitwise has recently cut 14% of its workforce as a result of the ongoing crypto slump, trimming staff to about 155 from 180. The fund's index oversight process is overseen by the Bitwise Crypto Index Committee, which meets monthly to review data sources and methodological decisions.

The quarterly report does not provide sufficient detail to establish changes in net assets, portfolio weights, redemptions, or the reasons for changes in the fund's assets. It also does not establish claims about other Bitwise products, product liquidations, staffing, or corporate transactions.