---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-346585"
form_type: "8-K"
ticker: "BITW"
cik: "0001723788"
company_name: "Bitwise 10 Crypto Index ETF"
filed_at: "2021-12-02T23:59:59+00:00"
generated_at: "2026-06-28T04:12:25.055649+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Bitwise 10 Crypto Index Fund non-reliance on amended Note 3; valuation change <0.05% difference

## Summary
- Sponsor concluded original Note 3 is only version in audited FY 2019/2020 financials; amended version cannot be relied upon per auditor.
- Retrospective application of single principal market valuation shows average difference <0.05% per asset; sponsor deems immaterial.
- Auditor WithumSmith+Brown to re-issue dual-dated opinion on unchanged financials with amended Note 3; later re-issue audited statements with valuation policy change.
- Expected re-issuance of audited financials for 2019 and 2020 with only substantive change being valuation method to single principal market per ASC 820.

## SEC filing metadata
- accession: 0001193125-21-346585
- form_type: 8-K
- ticker: BITW
- cik: 0001723788
- company_name: Bitwise 10 Crypto Index ETF
- filed_at: 2021-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723788/000119312521346585/0001193125-21-346585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723788/000119312521346585/d268814d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-346585
- JSON: https://secwatch.observer/filing/0001193125-21-346585.json
- Plain text: https://secwatch.observer/filing/0001193125-21-346585.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.