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Bitwise 10 Crypto Index Fund Has Liquidated All Its XRP Positions

Mary Liu

Summary: According to Decrypt, The Bitwise 10 Crypto Index Fund (BITW), which was launched on December 9th, has liquidated all its XRP positions due to the SEC's lawsuit against Ripple.  BITW consists of the nine biggest cryptocurrencies, including XRP, which accounts for 3.8% of the fund’s portfolio. With a $245 million Assets Under Management (AUM), the liquidation amount ...

According to Decrypt, The Bitwise 10 Crypto Index Fund (BITW), which was launched on December 9th, has liquidated all its XRP positions due to the SEC's lawsuit against Ripple. 

BITW consists of the nine biggest cryptocurrencies, including XRP, which accounts for 3.8% of the fund’s portfolio. With a $245 million Assets Under Management (AUM), the liquidation amount of XRP may be approximately $9.4 million. BITW fell nearly 8.4% today, as the press time, the decline has shrunk to 4.12%。

By Mary Liu

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