Bitwise Web3 ETF
BWEB
New York Stock Exchange Arca- -
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
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 400 Montgomery Street, Suite 600 San Francisco CA United States of America 94104
- IPO Date
- Oct 4, 2022
- Similar Companies
- Business
- Bitwise Web3 ETF (NYSE Arca: BWEB) is an exchange-traded fund that provides investors with focused exposure to up to 40 publicly traded companies positioned to benefit from the development of Web3 technologies, tracking the Bitwise Web3 Equities Index which emphasizes pure-play firms across five key themes including Web3 Infrastructure Providers; Web3 Finance; Web3-Enabled Metaverse and Digital Worlds; Web3-Enabled Creator Economy; and Web3 Development and Governance. At least 85% of the portfolio consists of companies directly linked to Web3 business activities, with top holdings such as Roblox Corporation, Meta Platforms Inc., Shopify Inc., Coinbase Global Inc., and Equinix Inc., and the fund maintains approximately 43 holdings with a weighted average market capitalization of $395 billion. Launched on October 3, 2022, and managed by Bitwise Investment Manager, LLC, a subsidiary of Bitwise Asset Management founded in 2017 and headquartered at 250 Montgomery Street, Suite 200, San Francisco, California, the ETF features a 0.85% expense ratio, quarterly rebalancing, and custody by BNY Mellon. The fund targets retail and institutional investors seeking indirect exposure to blockchain and crypto-related equities without direct investment in cryptocurrencies or derivatives, operating primarily in U.S. markets while drawing on Bitwise's global expertise through offices in San Francisco, New York, and London. Bitwise Asset Management, the parent firm with over $15 billion in client assets across more than 30 crypto investment products, serves financial advisors, RIAs, family offices, and institutions. In recent developments, Bitwise Asset Management acquired ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management, in 2025 to expand into Europe and add nine physically backed ETPs including those for Bitcoin, Ethereum with staking, Solana, and XRP, which will transition to the Bitwise brand. Earlier in November 2024, Bitwise acquired Attestant Limited, an institutional-grade Ethereum staking provider managing $3.7 billion in staked assets, further bolstering its staking capabilities amid launches of spot Bitcoin (BITB) and Ethereum (ETHW) ETPs that have amassed significant inflows. These strategic moves elevate Bitwise's total assets under management above $4.5 billion and reinforce its position as a global leader in crypto asset management.