Bitwise Index Services, LLC, has just launched three new indexes covering the cryptoasset market. The creator of the first crypto index fund in the world is now pinpointing specific market segment by focussing on the total market segment, small-cap and mid-cap. They have also launched a new index advisory board that includes several industry and market experts.

Three New Additions to the Crypto Index Family

Bitwise now offers 4 different crypto indexes.  Bitwise 100 Total Market Crypto Index (ticker: BITW100) for covering the entirety of the crypto market, Bitwise 20 Mid Cap Crypto Index (ticker: BITW20) for mid-cap, and Bitwise 70 Small Cap Crypto Index (ticker: BITW70) covering small-cap. In addition to this, the name of its HOLD 10 crypto index has been changed to Bitwise 10 Large Cap Crypto Index (ticker: BITX) as it will exclusively cover 10 of the largest cryptocurrency assets.

The indexes will be available through top financial players like Bloomberg, Reuters and FactSet, in addition to the Bitwise website. Bitwise has also announced API access and complimentary benchmarking for researchers and hedge funds looking for dependable and superior crypto data.

New Index Advisory Board Launch

The firm has also launched an index advisory board to support its indexes. It will include Srikant Dash, the former global head of indexing for Bloomberg, who was previously the managing director and global head of research at Standard & Poor’s Indices. ETF assets valued at over $200 billion are running on indexes he built, and he has also been a longtime member of the S&P 500 Index Committee. His entry in the board will help in the rapid development of the crypto indices segment.

Also on the board is Spencer Bogart, who is a partner and head of research at Blockchain Capital. A renowned name in the ETF industry, Matt Hougan will also be a part of the board. He is global head of research at Bitwise and was formerly the CEO of ETF.com and Inside ETFs, and has three times appeared as a member of the Barron’s ETF roundtable.

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