The inclusion of Stellar in the Bitwise 10 Crypto Index ETF
For an asset to enter the BITW fund, it isn’t enough to have a loud community on social media. Bitwise’s advisory committee puts the tokens through a rigorous screening process that evaluates:
-Banking-grade custody support.
-Real liquidity and trading volume, free from wash trading.
-On-chain security metrics and resilience against exploits.
-No legal vulnerabilities that could classify it as an unregistered “security.”
That XLM has been added to the fund alongside the decentralized derivatives giant Hyperliquid (HYPE) means
#Stellar earned approval with honors for the compliance standards that traditional corporations require in order to put their capital to work.
The “Automated Passive Buying” Effect
This is the most immediate—and most underestimated—impact by the retail market. Index funds replicate exact weightings. BITW currently manages more than $1.250 billion.
By adding
$XLM to the portfolio (with an initial weight of around 0.38% of the basket, alongside assets such as
$XRP ,
$SOL , and ADA), Bitwise is forced to physically buy millions of XLM tokens in the secondary market to back the ETF’s shares, draining the circulating supply.
In summary: XLM’s entry into Bitwise’s official index is the definitive institutional stamp of approval. Wall Street is quietly reshaping its portfolios, positioning itself in the assets that will control the financial rails—and the tokenization of the global economy—in the coming years.