CoinsAQ summary · neutral
Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio
What happened
Market losses and net redemptions cut the fund to $532.8 million while Bitcoin’s portfolio share rose to 77.81%. Bitwise’s 10 Crypto Index ETF ended the first half of 2026 with nearly half the net assets it started with, while its 10-asset basket became more concentrated in.
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