April 2024
Date: 04/21/2024
Time: 10:00-11:00 a.m. PT
Reason: Standard monthly meeting
Attendance:
Matt Hougan (Chair), Hunter Horsley (Member), Katherine Dowling (Observer), Ryan Rasmussen (Observer), Gayatri Choudhury (Observer), Mallika Kolar (Observer), and Satyajeet Pal (Observer)
Meeting Notes
1: Welcome and Attendance
Matt Hougan (Chair) and Hunter Horsley (Member) were present at the meeting. Hong Kim (Member) was not present at the meeting.
2: Review and Verify All Data Sources for Uptime, Accuracy, and Robustness
The Bitwise Engineering team confirmed that all data sources were working as expected with regard to uptime, accuracy, and robustness. The Committee discussed data sources that track the growth of NFT collections on Solana and Bitcoin, as well as the successful addition of Blur as a potential primary market for NFT trades per Rule IV.A.i of the Bitwise Blue-Chip NFT Collections Index Methodology.
3: Review and Approve Any Proposed Changes to the Bitwise Crypto Index Methodology
There were no proposed changes to the Bitwise Crypto Index Methodology that required review, nor were there any upcoming proposed changes to note.
4: Review and Approve All Methodological Decisions That Require Judgment
There were no recent methodological implementation decisions that required judgment, nor were there any upcoming decisions to note.
5: Developments Impacting the Market and/or Individual Bitwise Crypto Index Constituents
The Committee discussed a number of developments impacting the market and/or individual Bitwise Crypto Index constituents, including the Ethereum Foundation’s reported receipt of a government inquiry, SushiSwap’s vote to implement a “Labs model,” Uniswap Labs’ receipt of a Wells Notice, Solana’s recent software patch, and the recent Bitcoin halving, among others.
6. Review Expected Changes to the Bitwise Crypto Indexes
The Committee reviewed the expected changes to the Bitwise Crypto Indexes and determined that the reconstitution process is being executed appropriately.
7: Adjournment
The Chair adjourned the meeting.