BWEB
Bitwise Web3 ETF
📎 Investment Objective
The Bitwise Web3 ETF (BWEB) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bitwise Web3 Index.
Overview
ETF tracking Bitwise Web3 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Bitwise Web3 ETF (BWEB) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bitwise Web3 Index.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that are involved in the development and adoption of Web3 technologies, including blockchain, decentralized finance (DeFi), non-fungible tokens (NFTs), and the metaverse. The fund aims to provide exposure to the growth potential of this emerging sector.
✨ Key Features
- Provides exposure to a diversified portfolio of Web3 companies
- Tracks the Bitwise Web3 Index, which is designed to measure the performance of the Web3 ecosystem
- Relatively new ETF with limited performance history
- Expense ratio of 0.00%
⚠️ Primary Risks
- Investing in a relatively new and rapidly evolving sector, which may be subject to increased volatility and uncertainty
- Concentration risk as the fund is focused on a specific industry or theme
- Potential for higher risk and lower liquidity compared to more established sectors
- Limited performance history makes it difficult to evaluate the fund's long-term potential
👤 Best For
The Bitwise Web3 ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the growth potential of the Web3 ecosystem. However, due to the fund's limited track record, it may be more appropriate for a small portion of a diversified portfolio.