NEAR Enters Bitwise Large-Cap Indexes in October Rebalance

NEAR Enters Bitwise Large-Cap Indexes in October Rebalance

Summary

Bitwise’s October 30 rebalance adds NEAR to several benchmarks, replacing UNI in the Bitwise 10 Large Cap Crypto Index and its ex-Bitcoin counterpart, and replacing AVAX in the 10 Select Large Cap Crypto Index. LIT also replaces ETHFI in the decentralized-finance index; the BTC/ETH Equal Weight index is unchanged. Index changes define benchmark composition but do not prove that every related product has traded, reveal the size of any purchases, or guarantee price gains. Any market effect depends on tracking assets, token weights, execution and wider market conditions.