Bitwise, one of the largest companies in the cryptocurrency sector, has made changes to its funding.
Accordingly, Bitwise added the altcoins HYPE and XLM to its Bitwise 10 Crypto Index ETF (BITW), the world’s largest crypto index fund, while removing DOT and AVAX.
With this move, Bitwise highlighted the recent shift in institutional investors’ preferences for digital assets.
As part of the latest changes, Hyperliquid (HYPE) and Stellar (XLM) were added to the index, while Polkadot and Avalanche were removed from the portfolio.
Undoubtedly, the most notable addition to Bitwise’s portfolio was Hyperliquid. Hyperliquid delivered a strong performance in the first half of 2026, achieving $1.34 trillion in transaction volume and $320 million in protocol revenue.
HYPE gained approximately 165% in value during the same period, becoming one of the strongest performing projects and entering the top 10 cryptocurrencies by market capitalization.
Following the rebalancing, HYPE now holds approximately 0.95% of the fund’s weighting, while Bitcoin remains the ETF’s largest asset by far, with a weighting of 77.54%, despite the changes.
Ethereum maintains its second place with a portfolio weighting of 13.04%, while XRP is represented at 4.21%, Solana at 2.78%, HYPE at 0.95%, Cardano at 0.39%, Stellar at 0.38%, Chainlink at 0.34%, Litecoin at 0.21%, and Sui at 0.17%.
Finally, Polkadot and Avalanche were the two projects removed from the index, with Bitwise explaining that both crypto assets failed to meet the required criteria in terms of market capitalization and index weighting.
