Bitwise, the crypto asset manager, has teamed up with Swiss fintech Amun AG to launch a new crypto ETP(exchange-traded product). Bitwise has licensed the Bitwise 10 Select Large Cap Crypto Index to Amun AG. The new ETP product will use it as the benchmark index. It will trade on Switzerland’s SIX stock exchange. Notably, the ETP will not be available to U.S. customers, according to the statement from Bitwise.

The Bitwise 10 Select Large Cap Crypto Index will track the performance of up to 10 of the largest cryptocurrencies in the world. It is measured and weighted by free-float and inflation-adjusted market capitalization. Currently, the index comprises of 8 cryptos. They are Bitcoin (weight: 67.80%), Ether (11.50%), XRP (8.33%), Bitcoin cash (3.52%), Litecoin (3.47%), EOS (3.36%) Stellar lumens (1.10%) and Cardano (0.90%).

The index will provide non-U.S. investors “diversified exposure” to the crypto markets, said Matt Hougan, global head of research at Bitwise Asset Management. Amun AG already manages four crypto ETPs. They are Crypto Basket Index ETP (HODL), Bitcoin ETP (ABTC), Ethereum ETP ((AETH) and the recently launched Amun XRP ETP (AXRP). These 4 ETPs already lists on the SIX Exchange.