Bitwise Investments is the world’s first cryptocurrency index fund. The Bitwise HOLD 10 Private Index Fund holds the top 10 cryptocurrencies weighted by market cap and rebalances monthly. It�s a traditional investment vehicle. You buy into the fund, not coins.The HOLD 10 is a smarter way to invest. Own the market instead of picking winners. We’re in a new era for cryptocurrency. In the several years prior to March 2017, Bitcoin was almost always over 80% of the entire market. Since March, Bitcoin has become less than 50%, while many other protocols have grown to significant market caps and developed substantial communities. The coins in the HOLD 10 Index initially will comprise 85% of the market, and are rebalanced as the market changes. Over the last 12 months, owning the HOLD 10 had higher returns, lower volatility, and higher Sharpe Ratio than just owning Bitcoin.Securely storing coins is imperative but difficult. Storing coins yourself in a wallet is feasible for some, but you�re at risk of being hacked, phished, or even just making a typo. The Bitwise HOLD 10 Private Index Fund uses state-of-the-art security procedures to protect your assets. The custodian puts all underlying coins in an institutional-grade 100% cold storage vault air-gapped from the internet.