TLDR
Bitwise 10 Crypto Index ETF (BITW) on NYSE Arca is the ETF that includes both XRP and Solana (SOL) in its basket, alongside other majors like BTC and ETH, per a CNBC report on its launch on NYSE Arca Bitwise 10 Crypto Index ETF.
- The fund holds 10 assets, including XRP and SOL, and targets broad crypto exposure through one ticker.
- It rebalances monthly under a rules-based methodology, adapting to market cap and liquidity screens rebalances monthly.
- About 90% of the ETF is allocated to BTC, ETH, SOL, and XRP, limiting smaller-coin concentration risk 90% to four assets.
Deep Dive
1. The ETF
The Bitwise 10 Crypto Index ETF (BITW) began trading on NYSE Arca and gives investors a diversified, single-ticket way to access major crypto assets, including XRP and SOL, without selecting individual tokens or multiple single-asset funds Bitwise 10 Crypto Index ETF.
CNBC notes the basket includes Bitcoin, Ethereum, XRP, Solana, Chainlink, Litecoin, Cardano, Avalanche, Sui, and Polkadot, bringing multiple large-cap assets under one wrapper for brokerage and retirement accounts that prefer ETFs. This broad index approach can simplify due diligence and operational setup compared with managing several single-asset products.
If you want exposure to both XRP and SOL in a regulated ETF format, BITW provides a single, diversified access point instead of juggling separate products.
2. How Its Managed
The ETF follows a rules-based index that screens for size and liquidity, then rebalances monthly, which helps the portfolio reflect changes in the relative importance of assets over time rebalances monthly.
At launch, roughly 90% of the weight sits in BTC, ETH, SOL, and XRP, with the remaining assets capped collectively at about 10%, which reduces the risk of small constituents dominating outcomes while still keeping some breadth 90% to four assets.
The index rules and weight caps aim to keep the fund anchored to the largest, most liquid names (including XRP and SOL), while giving limited but meaningful room to other majors that may rise or fall in prominence.
Conclusion
The ETF that lists both XRP and SOL is the Bitwise 10 Crypto Index ETF (BITW) on NYSE Arca. Its diversified, rules-based structure includes XRP and SOL among ten assets, with most weight in the largest, most liquid coins, offering a practical one-ticket approach for broad crypto exposure.
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