WisdomTree Bitcoin Fund ETF

Overview: The WisdomTree Bitcoin Fund (BTCW) is a passively managed ETF listed on Cboe BZX Exchange, launched on January 11, 2024, providing direct exposure to bitcoin’s spot price.

Investment Objective: Seeks to track the performance of bitcoin’s value, as measured by the CME CF Bitcoin Reference Rate – New York Variant, less the Trust’s expenses and liabilities.

Expense Ratio: Charges a 0.25% management fee, with a promotional 0% fee on the first $1 billion in assets until July 11, 2025, making it cost-competitive during the waiver period.

Holdings and Custody: Holds physical bitcoin in cold storage, with custody provided by a regulated third-party custodian to ensure security and compliance.

Risk Profile: Highly volatile due to bitcoin’s price fluctuations; not suitable for all investors, with potential for significant or total loss, and not registered under the Investment Company Act of 1940.

Performance: As of July 2025, BTCW trades at approximately $108.39, with $376 million in assets under management and a 52-week range of $37.94 to $108.39.money.usnews.com

Background: WisdomTree is a global ETF sponsor and asset manager with over $100 billion in AUM, founded in 2006.

Expertise: Known for currency-hedged equity and dividend-weighted investment strategies.

Bitcoin ETFs: The WisdomTree Bitcoin Fund (BTCW) launched in January 2024.

Digital Assets: WisdomTree also operates WisdomTree Prime, a digital wallet and tokenized asset platform.

Custody: Uses Coinbase Custody for Bitcoin safekeeping.