Cardano$ADA is one of the few assets included in the Bitwise Index Fund, with other assets including Bitcoin, Ethereum, $XRP , and Solana$SOL .
Bitwise was established in 2017 and is headquartered in the United States. The index consists of the 10 largest cryptocurrencies by market capitalization, screened for risk and weighted by market cap, and is rebalanced monthly. The fund provides investors with a convenient way to gain diversified exposure to the crypto market without having to directly hold or manage cryptocurrencies.