Bitwise 10 Crypto Index Fund Files 2024 Annual Report
Ticker: BITW · Form: 10-K · Filed: 2025-02-20T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, cryptocurrency, fund-filing, annual-report
TL;DR
Bitwise 10 Crypto Index Fund's 2024 10-K is in. Details on crypto holdings like BTC, ETH, NEAR. Check it out.
AI Summary
Bitwise 10 Crypto Index Fund filed its 10-K for the fiscal year ending December 31, 2024. The fund, incorporated in Delaware, is managed by Bitwise Asset Management, located at 250 Montgomery Street, San Francisco, CA. The filing details investments in various cryptocurrencies, including Bitcoin, Ethereum, and NEAR Protocol, with a focus on fair value measurements. The fund previously operated under names like Bitwise 10 Private Index Fund, LLC.
Why It Matters
This filing provides investors with a comprehensive overview of the Bitwise 10 Crypto Index Fund's financial performance, holdings, and risk factors for the 2024 fiscal year, crucial for understanding the fund's strategy and value.
Risk Assessment
Risk Level: medium — The fund's primary risk stems from the inherent volatility and regulatory uncertainty associated with the cryptocurrency market.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-02-20 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- Bitwise 10 Crypto Index Fund (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 250 Montgomery Street, San Francisco, CA 94104 (address) — Business and mailing address
- Bitwise Asset Management (company) — Manager of the fund
- Bitcoin (cryptocurrency) — Key investment holding
- Ethereum (cryptocurrency) — Key investment holding
- NEAR Protocol (cryptocurrency) — Key investment holding
FAQ
What was the total net asset value of the Bitwise 10 Crypto Index Fund as of December 31, 2024?
The provided text does not explicitly state the total net asset value for December 31, 2024, but it does mention fair value measurements for various crypto assets.
Which specific cryptocurrencies are listed as investments in the filing?
The filing mentions investments in Bitcoin, Ethereum, Bitcoin Cash, Ripple, Avalanche, and NEAR Protocol.
What is the business address of the Bitwise 10 Crypto Index Fund?
The business address is 250 Montgomery Street, Suite 200, San Francisco, CA 94104.
When did the fund change its name from Bitwise 10 Private Index Fund, LLC?
The name change from Bitwise 10 Private Index Fund, LLC occurred on October 3, 2018.
What is the SIC code for Bitwise 10 Crypto Index Fund?
The Standard Industrial Classification (SIC) code listed is [6221].
From the Filing
0000950170-25-024314.txt : 20250220 0000950170-25-024314.hdr.sgml : 20250220 20250220172238 ACCESSION NUMBER: 0000950170-25-024314 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250220 DATE AS OF CHANGE: 20250220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bitwise 10 Crypto Index Fund CENTRAL INDEX KEY: 0001723788 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 823002349 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56270 FILM NUMBER: 25647356 BUSINESS ADDRESS: STREET 1: 250 MONTGOMERY STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-707-3663 MAIL ADDRESS: STREET 1: 250 MONTGOMERY STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: Bitwise 10 Private Index Fund, LLC DATE OF NAME CHANGE: 20181003 FORMER COMPANY: FORMER CONFORMED NAME: Bitwise HOLD10 Private Index Fund, LLC DATE OF NAME CHANGE: 20180518 FORMER COMPANY: FORMER CONFORMED NAME: Bitwise Hold 10 Private Index Fund, LLC DATE OF NAME CHANGE: 20171128 10-K 1 bitw-20241231.htm 10-K 10-K FY 0001723788 false Unlimited Unlimited 1 0001723788 2024-10-01 2024-12-31 0001723788 us-gaap:FairValueInputsLevel3Member 2024-12-31 0001723788 bitw:InvestmentInNEARProtocolMember 2024-01-01 2024-12-31 0001723788 bitw:InvestorClassMember 2022-12-31 0001723788 2024-06-28 0001723788 bitw:InvestmentInEthereumMember 2024-01-01 2024-12-31 0001723788 bitw:InvestmentInBitcoinCashMember 2024-12-31 0001723788 us-gaap:FairValueInputsLevel2Member 2023-12-31 0001723788 bitw:InvestmentInBitcoinMember 2023-12-31 0001723788 bitw:InvestmentInAvalancheMember 2023-12-31 0001723788 bitw:InvestmentInRippleMember 2023-12-31 0001723788 bitw:EthereumMember bitw:CryptoMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2024-12-31 0001723788 2021-12-31 0001723788 bitw:InvestmentInPolkadotMember 2023-12-31 0001723788 bitw:InvestmentInRippleMember 2024-01-01 2024-12-31 0001723788 2023-04-17 2023-04-17 0001723788 bitw:SponsorMember 2023-12-31 0001723788 bitw:InvestorClassMember 2023-12-31 0001723788 bitw:RippleMember bitw:CoinbaseMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2024-12-31 0001723788 bitw:InvestmentInBitcoinMember 2024-12-31 0001723788 bitw:CoinbaseMember bitw:NEARProtocolMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2024-12-31 0001723788 bitw:InvestmentInPolygonMember 2023-12-31 0001723788 bitw:InvestorClassMember 2024-12-31 0001723788 bitw:InvestmentInAvalancheMember 2023-01-01 2023-12-31 0001723788 bitw:SponsorMember 2024-01-01 2024-12-31 0001723788 2025-02-20 0001723788 bitw:CoinbaseMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember bitw:AvalancheMember 2024-12-31 0001723788 bitw:InvestmentInBitcoinMember 2023-01-01 2023-12-31 0001723788 2023-12-31 0001723788 bitw:InvestorClassMember 2021-12-31 0001723788 2024-01-01 2024-12-31 0001723788 bitw:InvestmentInSolanaMember 2023-12-31 0001723788 bitw:InvestmentInAvalancheMember 2024-01-01 2024-12-31 0001723788 bitw:InvestorClassMember bitw:SponsorMember 2024-01-01 2024-12-31 0001723788 us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember bitw:DistributedNetworksMember 2024-01-01 2024-12-31 0001723788 bitw:CoinbaseMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember bitw:BitcoinCashMember 2024-12-31 0001723788 bitw:InvestmentInRippleMember 2024-12-31 0001723788 bitw:CoinbaseCustodyTrustCompanyLlcTheCustodianMember 2023-12-31 0001723788 bitw:InvestorClassMember 2022-01-01 2022-12-31 0001723788 bitw:InvestorClassMember bitw:SponsorMember 2023-01-01 2023-12-31 0001723788 bitw:InvestmentInNEARProtocolMember 2024-12-31 0001723788 bitw:InvestmentInEthereumMember 2024-12-31 0001723788 2023-01-01 2023-12-31 0001723788 bitw:InvestmentInSolanaMember 2023-01-01 2023-12-31 0001723788 bitw:InvestmentInPolkadotMember 20