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BWEB

Bitwise Web3 ETF

Invest in one of the most exciting themes in technology and crypto today. A focused way to access the internet’s next wave of innovation, BWEB seeks to follow up to 40 companies that we believe are well positioned to benefit from the fast-emerging Web3. Built by the industry experts at Bitwise, the Fund offers pure-play exposure to leading Web3 companies in a traditional ETF format. Search “BWEB” in your brokerage account or speak with your financial advisor. Contact Us

Why Invest in BWEB

Experts believe we are on the cusp of a major change to the core architecture of the internet, commonly referred to as Web3. The Bitwise Web3 ETF (NYSE: BWEB) is designed to help investors capitalize on the next wave of innovation.

Well-Positioned Companies

By tracking the Bitwise Web3 Equity Index, BWEB provides focused exposure to up to 40 companies that we believe are favorably positioned to benefit from the emergence of Web3 and its technologies.

Pure-Play Web3

At least 85% of the portfolio is made up of companies that are directly linked to business activities associated with one or more key areas of growth in Web3.

ETF Built by Experts

Bitwise is one of the largest crypto asset managers. The fund leans on Bitwise’s industry expertise to identify leading companies in a sector that can be hard to pinpoint and define.

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Fund Summary

About the BWEB Fund

Fund Details

Data as of 07/12/2024

Ticker

BWEB

Fund Type

Equity ETF

CUSIP

091748103

ISIN

US0917481030

Exchange

NYSE Arca

Net Assets (AUM)

$2,920,007

Number of Holdings

40

Shares Outstanding

64,000

Expense Ratio

0.85%

Inception Date

October 3, 2022

Adviser

Bitwise Investment Manager, LLC

Sub-Adviser

Vident Asset Management

Administrator

The Bank of New York Mellon

Distributor

Foreside Fund Services

Custodian

The Bank of New York Mellon

Index Provider

Bitwise Index Services, LLC

Fund Details

PDF

Fact Sheet

View
PDF

Investment Case

View
PDF

SAI

View
PDF

Prospectus

View
PDF

Summary Prospectus

View
PDF

Index Methodology

View

Top 10 Holdings

Data as of 07/12/2024

View All Holdings
Name
Ticker
Weight
ROBLOX CORP
RBLX
8.70%
EQUINIX
EQIX
8.18%
SHOPIFY
SHOP
8.06%
META PLATFORMS
META
7.75%
COINBASE GLOBAL
COIN
6.84%
CLOUDFLARE
NET
4.82%
ELECTRONIC ARTS
EA
4.58%
BLOCK
SQ
4.54%
TAKE-TWO INTERACTIVE SOFTWARE
TTWO
4.01%
MARATHON DIGITAL HOLDINGS
MARA UR
3.99%

Holdings are subject to change. Current and future holdings are subject to risk.

Premium / Discount

Data as of 07/11/2024

NAV
Market Price
Difference
Premium/ Discount
$44.75
$44.74
$0.01
-0.01%
Q4 2022
2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
2023
Q1 2024
Q2 2024
Q3 2024
2024
Days Traded at NAV
Q4 20221
20221
Q1 20236
Q2 20237
Q3 202316
Q4 202312
202341
Q1 20240
Q2 20244
Q3 20240
20244
Days Traded at Premium
Q4 202261
202261
Q1 202353
Q2 202350
Q3 202332
Q4 202343
2023178
Q1 202461
Q2 202443
Q3 20242
2024106
Days Traded at Discount
Q4 20220
20220
Q1 20233
Q2 20235
Q3 202315
Q4 20238
202331
Q1 20240
Q2 202416
Q3 20246
202422

Net Asset Value (NAV) and Market Price

Data as of 07/11/2024

NAV: $44.75
Market Price: $44.74
NAV Change: -$0.22 / -0.49%
Market Price Change: -$0.22 / -0.49%
Median Bid-Ask Spread (30-Day): 0.15%
To

30 Day Median Bid-Ask Spread: The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.

BWEB Quarter-End Performance

Data as of 06/30/2024

3 Months
YTD
1 Year
Since Inception
NAV
3 Months-5.71%
YTD2.17%
1 Year29.81%
Since Inception77.63%
Market Price
3 Months-5.79%
YTD1.97%
1 Year29.89%
Since Inception77.64%

Performance data quoted represents past performance and is no guarantee of future results. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of one year or less are not annualized. For the most recent month-end performance, please call 1-866-880-7228.
 
Performance of one year or less is not annualized. NAV performance is calculated based on the official closing values as of 4:00 p.m. ET. Market Price performance reflects the midpoint of the bid-ask spread as of 4:00 p.m. ET, and does not represent the returns an investor would receive if shares were traded at other times. Fund returns are calculated net of expenses. Shares are subject to a 0.85% Expense Ratio that includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.

Distributions

Month
Notice Date
Ex Date
Record Date
Pay Date
Ordinary Income
Long-term Capital Gains
Short-term Capital Gains
No Distributions

Learn more about the Bitwise Web3 ETF (BWEB) today.

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