WisdomTree Bitcoin Fund

Frequently Asked Questions About BTCW

What does BTCW invest in?

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.

What is the expense ratio of BTCW?

WisdomTree Bitcoin Fund (BTCW) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BTCW?

WisdomTree Bitcoin Fund (BTCW) manages $143.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BTCW actively managed or an index fund?

BTCW's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BTCW launched?

WisdomTree Bitcoin Fund (BTCW) launched in January 2024 and is managed by WisdomTree.

How has BTCW performed?

BTCW's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.