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.
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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.
Fund Summary
About the BWEB Fund
Fund Details
Data as of 09/29/2023
Ticker
BWEB
Fund Type
Equity ETF
CUSIP
091748103
ISIN
US0917481030
Exchange
NYSE Arca
Net Assets (AUM)
$732,563
Number of Holdings
39
Shares Outstanding
24,000
Expense Ratio
0.85%
Inception Date
October 3, 2022
Adviser
Bitwise Investment Manager, LLC
Sub-Adviser
Vident Investment Advisory, LLC
Administrator
The Bank of New York Mellon
Distributor
Foreside Fund Services
Custodian
The Bank of New York Mellon
Index Provider
Bitwise Index Services, LLC
Top 10 Holdings
Data as of 09/29/2023
View All HoldingsHoldings are subject to change. Current and future holdings are subject to risk.
Premium / Discount
Data as of 09/28/2023
Net Asset Value (NAV) and Market Price
Data as of 09/28/2023
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 06/30/2023
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.