iPath Pure Beta Grains ETN (WEET) is an exchange-traded note (ETN) issued by Barclays Bank PLC that provides exposure to the Barclays Pure Beta Grains index, tracking futures contracts on grains commodities including corn, soybeans, wheat and soybean oil; the ETN offers investors leveraged exposure to grains prices without direct ownership of physical commodities or futures. The product matures on April 18, 2041, with cash settlement based on index performance, and trades on the NYSE Arca exchange. Barclays Bank PLC, headquartered in London, UK, and founded in 1690, operates globally across investment banking, wealth management and capital markets segments, including structured products like the iPath series of commodity ETNs.
The ETN was launched in April 2011 as part of Barclays' 18 new Pure Beta commodity ETNs covering sectors such as agriculture, energy and metals. Despite reports of delisting or business cessation as of April 2018 on certain platforms, the product continues to trade actively with a recent price around $33 per share, market cap of approximately $763,000 and low daily volume of 1,000 shares as of December 2025. No recent partnerships, acquisitions, funding rounds, new product launches or major strategic shifts specific to WEET have been announced in the last 1-2 years; Barclays has focused on broader ETP innovations amid ongoing commodity market volatility.