BWEB
Bitwise Web3 ETF·ARCA
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Key Stats
Assets Under Management
5.41MUSD
Fund Flows (1Y)
1.73MUSD
Dividend Yield
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Discount/Premium to NAV
0.00%
Shares Outstanding
84.00K
Expense Ratio
0.85%
About Bitwise Web3 ETF
Issuer
Bitwise Investment Manager, LLC
Brand
Bitwise
Home Page
Inception Date
Oct 3, 2022
Structure
Open-Ended Fund
Index Tracked
Bitwise Web3 Equities Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Bitwise Investment Manager LLC
Distributor
Foreside Fund Services LLC
BWEB is designed to provide thematic exposure to the world of Web 3.0 by tracking an index of innovative companies worldwide that are positioned to benefit from the development of Web3 and Web3 technologies. After passing exchange, size, liquidity, and free-float screens, companies are typically identified based on business activities, and are classified into three tiers depending on the degree of their reliance on the five Web3 themes: web3 finance, web3 infrastructure providers, web3-enabled creator economy, web3-enabled metaverse and digital worlds, and web3 development and governance. A total of 40 securities will comprise the index of which 30 are selected from the largest companies in tiers 1 and 2, and the remaining 10 from tier 3. While the former is allocated 85% of the fund, the latter receives 15%. Securities are initially market cap-weighted in their respective class but are modified so all tier 1 firms reflect 4x their usual size, and tier 3 firms all weight equally. The index is rebalanced and reconstituted quarterly.
Classification
Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Vanilla
Geography
Global
Weighting Scheme
Tiered
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -13.09% | -20.45% | -9.81% | +6.70% | +123.60% | +143.91% |
NAV Total Return | -13.06% | -17.97% | -11.11% | +5.71% | +118.88% | +1.44% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
32.92%
Technology
31.32%
Communication Services
25.77%
Real Estate
5.75%
Energy
2.25%
Consumer Cyclical
1.79%
Industrials
0.21%
Financial Services
32.92%
Technology
31.32%
Communication Services
25.77%
Real Estate
5.75%
Energy
2.25%
Consumer Cyclical
1.79%
Industrials
0.21%
Asset
Region
88.66%
7.33%
3.16%
0.55%
0.3%
Category
Ratio
North America
88.66%
Asia
7.33%
Australasia
3.16%
Africa/Middle East
0.55%
Europe
0.30%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Meta Platforms
9.20%
Shopify
6.52%
Roblox Corp
6.46%
Equinix
6.02%
Coinbase Global
5.73%
Cloudflare
4.20%
Electronic Arts
3.87%
IREN Ltd
3.65%
Circle Internet Group
3.51%
Applied Digital
3.00%
Top 10 Weight 52.16%
40 Total Holdings
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Dividends
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Premium/Discount Chart
Assets Under Management
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Fund Flows
