WI

WisdomTree Bitcoin Fund

An ETF offering investors direct exposure to bitcoin's price by physically holding the asset.

BTCW | US

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
250 WEST 34TH STREET, 10119 NEW YORK
Sector:
Industry:

Description

The WisdomTree Bitcoin Fund (BTCW) is a passively managed exchange-traded fund (ETF) designed to provide investors with direct exposure to the price of bitcoin, less the fund's expenses and liabilities. Its investment objective is to track the performance of bitcoin by physically holding the digital asset. The fund's shares are valued daily based on the CME CF Bitcoin Reference Rate – New York Variant. Offered by asset manager WisdomTree, BTCW allows investment in the digital asset class through a traditional financial vehicle, potentially complementing portfolios of equities and bonds. The fund is considered a highly speculative investment involving a significant degree of risk due to the inherent price volatility of bitcoin.

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