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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the shifting market caps and liquidity dynamics within the digital asset sector, Bitwise Asset Management has reshuffled its flagship Bitwise 10 Crypto Index ETF (BITW). The firm removed Polkadot (DOT) and Avalanche (AVAX) from the fund's holdings during its latest monthly rebalance. Conversely, Hyperliquid (HYPE) and Stellar (XLM) were added to the index to fill the vacancies left by the departing assets.
This rebalancing occurs as crypto funds seek to optimize portfolio performance relative to market trends; while AVAX has seen some momentum fade compared to the previous year, Stellar has benefited from renewed network activity. Per market data, removal from major indices often triggers selling pressure from index-tracking funds, contributing to the mixed performance seen across the altcoin landscape recently.
Investors should monitor the liquidity impact on DOT and AVAX in the coming days following their removal from this prominent ETF. With current price levels unavailable for citation, the focus remains on how the new additions stabilize within the BITW portfolio. Additionally, global traders are looking ahead to Fed Governor Waller's speech on July 6, 2026, which could influence broader risk appetite across the cryptocurrency market.