Bitwise Asset Management, a Crypto investment firm, established its Blue-Chip NFT Index Fund last month, focusing on the top ten most valuable NFT collections by floor price market capitalization. Since then, Bitwise C-founder and CEO Hunter Horsley told Blockworks that demand for the fund has been increasing. The cost of buying a Bored Ape Yacht Club NFT — priced at a minimum of 84.5 ether, or $273,385 — is prohibitively expensive.