Bitwise surpasses USD100m in AUM due to rising demand for crypto from hedge funds and financial advisers Submitted 29/10/2020 - 9:35am Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, has surpassed USD100 million in assets under management (AUM). The majority of demand has been for its Bitwise 10 Crypto Index Fund, which tracks the 10 largest cryptoassets—including bitcoin, ethereum, and litecoin—that historically comprise over 80 per cent of the entire crypto asset class. The fund is currently available as a private placement; shares are expected to start publicly trading later this quarter.