Key stats
About WisdomTree Bitcoin Fund
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Inception date
Jan 11, 2024
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
WisdomTree Asset Management, Inc.
BTCW passively tracks Bitcoins market price using the CME CF Bitcoin Reference Rate New York Variant, which aggregates data from a selection of Bitcoin exchanges that meet their constituent exchange criteria. The fund focuses on including reliable, transparent exchanges with strong trading activity from diverse geographic regions, all while ensuring adherence to regulatory standards for an accurate reflection of the bitcoin market. BTCW focuses on asset protection through primarily offline cold storage, mitigating the risk of cyber theft. Tailored for potential portfolio diversification into digital assets within more traditional investment products, BTCW is structured to mirror Bitcoins price movements and is aimed at investors seeking indirect exposure to the digital asset market while avoiding the complexities of direct cryptocurrency ownership. It is important to note that investors should compare fees when selecting specific investments in this space.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTCW assets under management is 166.40 M USD. It's risen 3.87% over the last month.
BTCW fund flows account for −33.26 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BTCW doesn't pay dividends to its holders.
BTCW shares are issued by WisdomTree, Inc. under the brand WisdomTree. The ETF was launched on Jan 11, 2024, and its management style is Passive.
BTCW expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
BTCW follows the CME CF Bitcoin Reference Rate - New York Variant - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTCW price has risen by 1.06% over the last month, and its yearly performance shows a 54.15% increase. See more dynamics on BTCW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.30% over the last month, showed a 24.17% increase in three-month performance and has increased by 12.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.30% over the last month, showed a 24.17% increase in three-month performance and has increased by 12.11% in a year.
BTCW trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.