WisdomTree Bitcoin Fund
BTCW
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Jan 11, 2024
- CIK
- 0001850391
- Website
- wisdomtree.com
- Similar Companies
- Business
- WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that provides investors with exposure to bitcoin through a physically backed spot ETF structure. The fund holds bitcoin directly as its primary asset, enabling price tracking of bitcoin without requiring investors to manage cryptocurrency wallets or private keys; it offers creation and redemption mechanisms for authorized participants using cash or in-kind transfers. BTCW operates within the digital asset investment segment, targeting institutional and retail investors seeking regulated access to cryptocurrency markets, with global applicability through U.S.-listed trading on major exchanges. Launched in 2024 by WisdomTree, Inc., headquartered in New York, the fund represents WisdomTree's expansion into spot cryptocurrency products following U.S. regulatory approvals for bitcoin ETFs. WisdomTree, the issuer and a provider of exchange-traded products since 2006, manages BTCW alongside other ETFs focused on equities, fixed income, commodities, and alternatives. The fund benefits from WisdomTree's established infrastructure for ETF operations, including custody arrangements with qualified custodians for secure bitcoin storage.