Bitwise 10 Crypto Index Etf's Comment on Sales, Marketing and Customers
The Custodian acts as a fiduciary and custodian for the Trust, managing the Trust's Crypto Assets in a segregated Custodial Account utilizing cold storage methods. The Custodian Agreement defines the rights and responsibilities between the Custodian and the Trust. The Custodian's parent company, Coinbase Global, Inc., maintains a commercial crimes insurance program that covers losses of clients' Crypto Assets held by the Custodian and its affiliates. This insurance protects against losses from employee fraud, theft, security breaches, and other risks, with coverage limits reviewed annually. The Custodian Agreement stipulates that client assets are held separately from the Custodian's own assets and are not subject to liens or security interests.
Bitwise 10 Crypto Index Etf’s Comment on Sales, Marketing and Customers
The Custodian acts as a fiduciary and custodian for the Trust, managing the Trust's Crypto Assets in a segregated Custodial Account utilizing cold storage methods. The Custodian Agreement defines the rights and responsibilities between the Custodian and the Trust. The Custodian's parent company, Coinbase Global, Inc., maintains a commercial crimes insurance program that covers losses of clients' Crypto Assets held by the Custodian and its affiliates. This insurance protects against losses from employee fraud, theft, security breaches, and other risks, with coverage limits reviewed annually. The Custodian Agreement stipulates that client assets are held separately from the Custodian's own assets and are not subject to liens or security interests.
Sources:
Bitwise 10 Crypto Index Etf’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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