Bitwise has newly included HYPE and XLM in its flagship cryptocurrency index ETF (BITW) and excluded DOT and AVAX, BeInCrypto reported. HYPE was included with a 0.93% weighting, and XLM with 0.38%, making HYPE the fifth-largest holding in the fund, following BTC, ETH, XRP, and SOL. BITW operates in a manner similar to a cryptocurrency stock index fund. Because it automatically holds the top 10 eligible cryptocurrencies by market capitalization, investors can invest in HYPE and XLM without directly purchasing these assets.
